Cleaning products firm sells European business for £12.5m

Manchester frim McBride has completed the sale of its European personal care liquids business to Royal Sanders Group for £12.5m in cash. The Middleton business manufactures and supplies private label products for the household and personal care market. It operates manufacturing sites in Manchester, Barrow, Hull and Bradford. Proceeds from the sale will be used to pay down group net debt and settle transaction costs. The deal was announced in July and has now been completed. In the twelve months to 30 June 2018 the Euro... For the full story register now for free or login below...