Liberty are pleased to announce the Secondary Buy-out of Nylacast, led by CEO Mussa Mahomed, from Caird backed by mid-market Private Equity house, Equistone.
Leicester based Nylacast offers a wide range of cast nylon polymer products and designs and manufactures all its products in-house, employing over 500 people across its four manufacturing and distribution facilities in the UK, China, the USA and South Africa.
Cast nylon has many advantages over alternative materials, being lightweight, versatile, anti-corrosive and durable.
With a strong focus on highly engineered safety-critical components, the business has grown into a leading supplier of metal-nylon bonded solutions, including worm wheels, which are used in electronic power steering systems and electromechanical braking systems for the automotive industry. Nylacast also serves a wide range of other industries, including marine, oil & gas, agriculture and construction, with bespoke engineered cast nylon products.
Liberty provided management advice around the Incentive Plans and terms that were being offered to Mussa and the management team of Nylacast.