We are delighted to have advised Daniels Healthcare Group Limited on their sale to MAUSER Group.
Daniels Healthcare Group ("Daniels") was founded in 1978 as a manufacturer of moulded polypropylene waste containers. Since 1992 it has been under the ownership and management of Howard Simler and Maurice Hatton who have grown Daniels to become the pre-eminent supplier of sharps containers to the UK healthcare sector under its SHARPSGUARD range.
Based in Kidlington, Oxfordshire, Daniels now employs over 80 people manufacturing and marketing a wide range of sharps containers supplying the majority of NHS hospital trusts in the UK along with many other customers in the healthcare sector.
Having run the business for the last 24 years the owners were looking to retire and hand the business over to new owners able to exploit the many opportunities to grow the business.
We were already well-known to majority shareholder Howard Simler as a result of previous work done for him and were his first choice of partner to help find a suitable buyer for the business.
Our team ran a competitive process to a well-researched shortlist of both UK and overseas based trade buyers.
As a result of that process MAUSER Group were selected as the preferred buyer for the business. MAUSER is a world leading company in rigid industrial packaging and Daniels product range fits naturally into their MAUSER WIVA Medical Waste Container System. Indeed MAUSER were already well known to Daniels as a supplier of a range of large containers complementing Daniels own manufactured range.
We provided corporate finance advisory services, utilising its strong international network to approach potential buyers, enabling a seamless and joined-up process for all parties.
The Grant Thornton Corporate Finance team clearly understood the value drivers of Daniels Healthcare and ensured the business was strategically positioned for a process and worked extremely hard to drive the process to a successful conclusion, meeting and exceeding shareholders’ expectations.Howard Simler Managing Director, Daniels Healthcare Group Limited