RBF Group has premises in Southend on Sea, Salford and Cambridge. The business operates in three distinct markets, manufacturing healthcare products for private consumers and the social services, heat shields for use on engine and exhaust systems, and third party manufacturing projects such as seat covers and roadside tents.
The management team consists of Managing Director, David Smith and Operations Director, David Howard. Both have historically played key roles within RBF with David Smith running the business since joining in early 2001 and David Howard being responsible for group operations since joining the business five years ago.
HMT acted as financial advisors to management which including negotiating terms with the Vendor and a funding package with NVM and Lloyds TSB Acquisition Finance.
Andrew Thomson commented:
“We were delighted to be involved in the MBO of RBF which we regard as having a strong track record, proven management team and has positioned itself well in a number of niche markets.”