UK - BOSIF backs SBO of M&H Plastics from CCMP Capital

Bank of Scotland Integrated Finance has backed the secondary management buyout of Maynard & Harris Plastics (M&H) from CCMP Capital. CCMP completed the deal on behalf of JP Morgan Partners, CCMP having spunout of JP Morgan Partners in August 2006. The financial details of the transaction, which was facilitated by an auction process run by Hawkpoint, were not disclosed. BOSIF takes a minority stake in the newco alongside majority shareholders M&H management.