Bishopsgate Corporate Finance today announces the completion of the sale of JR Industries, a leading UK niche manufacturer of roller shutter doors for commercial vehicles to Sdiptech AB.
Founded in 1970 and with its headquarters in Caerphilly, Wales, JR Industries has established itself as a principal manufacturer of roller shutter doors for commercial vehicles in Europe. The company offer a wide range of custom-made products that enhance the efficiency and safety of vehicle loading and offloading. This includes the development of robust roller shutter doors solutions and flexible bulkheads for refrigerated vehicles, adaptable to various configurations.
JR is benefitting from the market experiencing a stable underlying growth, driven by electrification of delivery vehicles, the ongoing surge in e-commerce, and a rising trend in fleet customization aimed at enhancing operational efficiency.
Sdiptech is a technology group that acquires and develops market-leading niche operations that contribute to creating more sustainable, efficient and safe societies. Sdiptech has approximately SEK 4,500 million in sales and is based in Stockholm.
James McBain Allan, Partner and Joe Bates, Associate at Bishopsgate were lead advisers on the deal. Supported by Tydus Real Estate (property), Capital Law (legal), Kilsby Williams (tax).