Sale of Myrra to Acal plc

2013-Myrra-ENG Client Myrra’s owners (management and French private equity: Initiative & Finance)
Deal Type Sell-Side Advisory
Sector Industrials
Deal Myrra has been sold to Acal plc (a leading European specialist electronics supplier). Myrra designs & manufactures magnetic electronic products sold to electronic equipment OEMs

What we did:

  • Appointed by the sellers to run an international auction process for this attractive industrial asset
  • Our bespoke approach of disposals and support from Mergers Alliance partners across the world helped enter into effective and confidential discussions with a limited number of strategic buyers
  • Our experience in marketing and managing disposals to international buyers and ability to manage constraints associated with the selected buyer’s profile (UK-listed group running a placing to complete Myrra’s acquisition which was a Class 1 transaction under the LSE) have been key to successfully close this transaction