Closed transaction
Project Blaise – Ebdro Hydraulics
Advisers to hydraulics manufacturer, Edbro, on its sale to Turkey-based, Orsan Automotive.
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Closed transaction
Advisers to hydraulics manufacturer, Edbro, on its sale to Turkey-based, Orsan Automotive.
We’re pleased to have supported Bolton-based hydraulics specialist, Edbro, on its sale to Turkish manufacturer Orsan Automotive (Orsan).
Established in 1916, Edbro is one of Europe’s leading manufacturers of hydraulic cylinders for the ‘on-road’ tipper truck market and other ‘off-road’ applications. It employs more than 140 people at its 220,000 sq ft production facility in Bolton, where it also houses a world-class research and development capability that has delivered 53 patented designs.
Orsan is a wholly-owned subsidiary of Orsan Industries Incorporated – a Turkish-headquartered group with sites in Turkey and Mexico – specialising in the production of component parts for heavy duty vehicles, including pneumatic braking and suspension systems.
Our Manchester team, led by Director Alex Starling and supported by Assistant Manager Rhain Davies, was appointed as Edbro’s sell-side advisers by Enact, the SME platform of private equity investor Endless.
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Alex Starling
RoleDirector
FirmFRP Corporate Finance
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Rhain Davis
RoleAssistant Manager
FirmFRP Corporate Finance
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