We are delighted to announce that we have advised Euston Ventures on the acquisition of Silex Limited, a leading manufacturer of silicone products, and its German subsidiary, MVQ Silicones GmbH.

About Euston Ventures

Euston Ventures is an investment company established in 2014 which focuses on acquiring speciality manufacturing, engineering, and technical service businesses in the UK.

About Silex Limited

Founded in 1985, Silex is a manufacturer and distributor of silicone-based products, with operations in the UK and Germany. Their diverse product portfolio caters to a wide range of industries, including automotive, pharmaceutical, energy, food, aerospace, rail, mechanical engineering, and domestic appliances. They have approximately 80 staff across three sites in the UK and one in Germany and are well known in their industry as the leading stockist of silicone sheets and for the technical quality of their extruded product.

Gerald Edelman acted as a buy-side financial adviser, performing detailed financial and tax due diligence and providing general advice in relation to the transaction.

Will Abell, Partner in Gerald Edelman’s Corporate Finance team, commented: “It was a pleasure to work again with the Euston team. The cross-border elements of this particular transaction added additional complexity, but we were pleased to support Euston with the successful completion of this acquisition. We wish both Euston and Silex all the best during the next phase of the company’s development.”

Mark Dominik, Partner at Euston Ventures, commented: “Silex was an important investment for Euston, expanding our firm’s scope into continental Europe and bringing with it significant manufacturing capabilities. Gerald Edelman were practical and adaptable in supporting us during an in-depth financial due diligence process, ensuring that we were set up for success in the future.”

About Gerald Edelman

https://www.geraldedelman.com/

Founded in 1946, Gerald Edelman is a London-based advisory and consulting firm serving middle-market companies in the United Kingdom and abroad. By providing a wide range of business advisory and professional services, (including accounts, audit and tax), it is a one-stop-shop for its clients’ strategic business needs.

Gerald Edelman supports the people behind businesses, striving to become their first port of call. Through building real relationships and taking the time to understand what people really want to achieve, Gerald Edelman helps people think about their business in a different way, bringing concepts to life and driving businesses forward.

Gerald Edelman is so much more than an accountant, striving to have a positive impact on its clients, its people, its community, and its planet.