Thursday, July 2, 2020

Buyout complete at Nottingham’s World of Marble

A buyout is now complete at World of Marble, a Nottingham based supplier, fabricator and installer of marble, granite and composite surfaces.

The transaction facilitates the exit of a founding shareholder and brings the next stage in the company’s growth.

Magma Corporate Finance advised on the buyout and worked closely with Chris Smith, of HSBC to secure funding for the transaction, and Gary Davie of Legal Clarity provided legal advice.

Shareholder Chris Middleton said: “The bright and energetic team along with record high sales mean it is an extremely exciting time to be part of the World of Marble story.”

Shafwaan Bheda, Corporate Finance Senior Manager, said: “The founders of World of Marble have built a market leading business and it has been a real pleasure to work with them in securing this transaction.”

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