Doncaster engineering firm’s future ‘cemented’ by MBO deal
Don Valley Engineering has been sold to its management team in a buyout for an undisclosed sum.
Founded in Doncaster in 1947, the firm supplies quarry, mining and mineral processing businesses around the world, specialising in the design and manufacture of screens, feeders and centrifuges and supplies.
In a deal advised by corporate finance advisors Andrew Rose and Stuart Jobbins of local accountancy firm Murray Harcourt, shareholders sold their holdings to the management team.
Roger Allan, previous managing director of the company and representative of the shareholders throughout the deal commented: “I am delighted that the future of the company and the employees has been cemented under the management team.
“It was important to me for the firm’s excellent reputation to be maintained and their knowledge of the business will ensure that it continues to grow and succeed in the future.”
One of only two companies in Europe providing in-house solutions for all aspects of the maltings process, Don Valley Engineering intends to continue to grow following the buyout.
Murray Harcourt advisor Andrew Rose added: “Murray Harcourt are delighted to have been able to assist Roger and the shareholders of this iconic Yorkshire business to realise an exit in a manner which assures the future prosperity of the business.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025