# Scitech Adhesives Systems sold to management team in MBO

Caldey Corporate Finance advised on the sale of Scitech Adhesives Systems Limited to its incumbent management team. The deal transfers ownership of the adhesives and coatings manufacturer to the management team.

- Type: Acquisition
- Announced: 2024-01-31
- Where: United Kingdom
- Status: completed
- Products: adhesives, coatings, barrier coatings for packaging
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Scitech Adhesives Systems Limited](https://endata.com/companies/75367.md) (target)
- [Caldey Corporate Finance](https://endata.com/companies/75368.md) (partner)

## Sources

- [caldeycorporatefinance.co.uk](https://caldeycorporatefinance.co.uk/2024/01/31/project-carew/), 2024-01-31: "I am delighted that Scitech will continue to deliver innovative solutions under the ownership and leadership of the Management Team"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.