Maven scores 2.1x on Dantec Hose trade sale

Elaflex was previously a supplier and customer to Dantec, and the deal came about through this working relationship.

Previous funding
Maven backed the management buyout of Dantec in September 2011 in a deal understood to be worth less than £10m.

Company
Founded in 1969, Dantec manufactures composite hoses for the use in the petrochemical and marine markets. Its products are also used as refuelling hoses for Formula 1.

Dantec is headquartered in Merseyside and operates a manufacturing site in Liverpool. The business exports its products to 50 countries globally.

People
Maven Capital Partners – Ryan Bevington (investment director).
Dantec Hose – John Laidlaw (managing director).

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