Maru Swimwear – Sale
“Having started the business over 20 years ago, and being at the forefront of activity ever since, we both realised that we needed to start thinking about an exit before too long. We were introduced to John by a trusted adviser and immediately established a rapport. We both agreed that John was the person to take us through the sale process, something that neither of us had ever experienced.”
“John emphasised a controlled approach, looking to target the right purchaser whilst maintaining confidentiality and the integrity of the business. This suited us, as a For Sale sign outside Maru was the last thing we wanted to see!”
“The process took time and certainly had its ups and downs. John consistently gave good advice, prepared us well for what to expect and was extremely calm and patient when things got tough. His input to the final deal was excellent and was instrumental to us getting a deal we were both happy with.”
Maggie Upton and Roger Allen – Owner Founders of Maru Swimwear
Nottingham based R.O. Design Limited, which trades under the Maru Swimwear brand was sold to the OPROGROUP Limited for an undisclosed sum in a transaction advised by Skye Corporate Finance.
Maru was established over 20 years ago by former Speedo executives Maggie Upton and Roger Allen and developed to become one of the leading brands in the active swimwear market in the UK and Europe with eye catching ranges designed for competition and regular fitness swimming
Based in Hemel Hempstead, OPROGROUP is the largest manufacturer of sporting mouth guards in the world and supplies many leading professional and amateur sports clubs as well as schools. The acquisition of Maru extended OPROGROUP’s portfolio of sports based businesses.
Skye Corporate Finance was appointed as Lead Adviser to Maggie and Roger – targeting potential purchasers, preparing the information memorandum, negotiating and structuring the deal and project managing the transaction to final completion.