Investors buy Revolve stake
Private equity investors have bought 50 per cent of the shares in Revolve Group, the holding company of the UK-based supplier of materials and services to the rotational moulding process, Matrix Polymers in Northampton. Matrix plans to increase significantly its own capital investment and sales.
Growth will be created through the purchase of additional compounding and grinding production capacity, geographical sales expansion and strategic acquisitions.
Matrix has an annual turnover of around £30m.