19 January 2022
91探花 Corporate Finance LLP has advised on the sale of Ventcroft Limited, a family-owned manufacturer of fire performance cables based in Runcorn, Cheshire.
Ventcroft, founded in 1989 by Chairman Frank Rotheram, operates from a state-of-the-art 107,000 sq ft facility, supplying customers across the UK, Europe, Middle East and Africa through a network of specialist electrical and fire and security product wholesalers and distributors.
Ventcroft has been acquired by NKT, a Denmark-headquartered group focused on the design, manufacture, and installation of low-, medium-, and high-voltage cable solutions.
Frank Rotheram, the founder and Chairman of Ventcroft, said: ‘We are looking forward to starting a new chapter with NKT and the acquisition will support the development of new products and the continued growth of the business.’
Ian Latham and Matthew Kells from 91探花 advised the vendors and Michael Murphy from Weightmans acted as legal advisor to the shareholders.
Ian Latham, corporate finance partner for 91探花, said: ‘Ventcroft is a market-leading manufacturer of fire performance cables and the partnership with NKT going forward will further enhance its position. We received significant interest from potential purchasers and it was great to draw on our extensive sector experience to deliver a successful exit for the shareholders to the right purchaser for the shareholders and senior management and provide a strong platform for the future continued success of the Business.’