News
News
Milbank Group completes on a new acquisition of Scottish-based Superfine Manufacturing Ltd; a long-established and family run manufacturer of liquid products
03/10/2024
October: Milbank Group, a privately owned investment company based in Essex, continues to grow its diversified portfolio of businesses following the successful acquisition of Superfine Manufacturing Ltd. Milbank Group is a family-owned company consisting of a portfolio of diverse and unique companies, growing rapidly through acquisition. Its businesses are generally leaders in their market for service and product quality, and the group strives to promote a supportive and inclusive working environment for its staff, whilst treating suppliers and partners with respect and fairness.
Acquisitions are viewed as long term, patient investments. Milbank Group is committed to responsible investing practices, upholding the highest standards of integrity and accountability, ensuring sustainable growth, and fostering positive impacts on the environment and the communities it serves. Its aim is to not only improve its own environmental performance, but to also influence and inspire the markets their businesses operate in.
Established in 1963 and based in Forfar, Scotland, Superfine is a family-run company offering expertise in the formulation, production, design, packaging, and distribution of a wide range of liquid products, providing a full-service solution for its customers.Its long history of offering customers outstanding levels of quality and service is what initially attracted Milbank Group to the business.
Superfine has a large portfolio of formulations and products suitable for a wide range of industries, including commercial, retail, and domestic. Its diverse product range spans railway, commercial and domestic cleaning solutions to automotive care, biostimulants and animal grooming. All products are available under the Superfine brand or as a white label service, personalised and branded to suit the end customers’ requirements.
In addition to its extensive product portfolio, the company specialises in tailoring solutions to meet its customers’ specific needs, often involving the creation of entirely new, custom-designed products and labelling. All formulation, production, label design, packing and distribution is completed in-house, allowing the greatest flexibility and value-for-money offering for its customers.
Julie Milne will assume the role of Managing Director of Superfine immediately. Speaking on the acquisition, she said, “I am honored to take on the role of Managing Director following the recent acquisition, and I am excited to lead Superfine into its next chapter of growth and success. With a strong foundation already in place, my focus will be on building upon the great work that has been done, fostering innovation and sustainability, and ensuring we continue to deliver exceptional products for our customers. I look forward to working closely with the Milbank Group team to achieve our shared vision and drive long-term success for the business.”
As part of the Milbank Group, Superfine Manufacturing joins a diverse portfolio of companies across sectors including construction, agriculture, marketing, and retail. A detailed overview of all group companies can be found here: Our Companies.
The acquisition of Superfine Manufacturing Ltd was successfully completed on Wednesday 2nd October 2024 led by Prism Corporate Broking, Birketts Solicitors, and Scrutton Bland LLP Accountants. Superfine Manufacturing was advised by Thorntons Solicitors and EQ Chartered Accountants.