Acquisition wrapped up
BHP Corporate Finance is delighted to have acted as lead advisor to the shareholders of The Corrugated Case Company Limited (CCC) on its acquisition by Tri Wall UK.
Based in Chesterfield, CCC, founded by Tony Hession and Mark Wilcockson in 1996, is a specialist designer and manufacturer of corrugated cardboard packaging. The company supplies innovative, design led packaging solutions to customers in a range of sectors including retail, food & drink, pharmaceutical and manufacturing.
Tri Wall is a manufacturer of bespoke packaging solutions. It is part of the wider Tri Wall Group which is headquartered in Hong Kong and ultimately controlled by Rengo Co Ltd, a Japanese entity listed on the Tokyo Stock Exchange. The Group has manufacturing sites in 22 countries.
Led by Partner Kevin Davies and Assistant Director Declan Savage, BHP Corporate Finance ran a competitive sale process, working alongside colleagues from its global Translink Corporate Finance network. This ultimately resulted in Tri Wall being chosen as the preferred bidder.
Kevin Davies said: “Tony and Mark have developed a fabulous business in CCC, which has been perfectly positioned to take advantage of the acceleration of the home delivery market and the “green agenda” shift away from plastic packaging. We are delighted to have delivered this transaction for them both and feel sure that CCC will continue to prosper under Tri Wall’s ownership.”
Tony Hession, Chairman of CCC, said: “Having recently celebrated CCC’s 25th birthday, we are immensely proud to be to be handing ownership over to Tri Wall. Throughout the acquisition process it’s been evident that the ethics, ethos and values of our businesses are completely aligned.”