Marine hardware manufacturer Spinlock undergoes a management buyout

United Kingdom
14th October 2015

Marine hardware manufacturer Spinlock undergoes a management buyout

Spinlock, a manufacturer of marine hardware, undergoes a management buyout
Company: Spinlock
Business Type: Manufacturer

Spinlock, a manufacturer of marine hardware, undergoes a management buyout, with Meridian Corporate Finance advising the management team.

Chris Hill, Peter Kirby and Caroline Senior, former managers of Spinlock, will take over from Rodney Hogg, former Managing Director, as the new owners. Hogg will remain with Spinlock as a non-executive director, after the management buyout.

Spinlock, a manufacturer of marine hardware, is recognised as a world expert in rope holding. Based in Cowes, Spinlock has over 30 years experience of designing and manufacturing rope-holding equipment for sailing boats, from dinghies to the largest superyachts.

Spinlock has also developed its own deckware range which includes Deckvest, a leading lifejacket harness.

Hogg commented:

Hill and Senior were guided through the MBO by Meridian.

They commented:

About Spinlock About Meridian Corporate Finance

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