Building products manufacturer YBS Composites has undergone a restructuring and Management Buy-Out that has preserved the jobs of all staff at factories in Bolton and Larbert in Scotland.

Managing Director, Adrian Woodhall led the Buy-Out and funding for the deal and working capital was provided by Ultimate Finance. Sheffield based dealmaking firm Castle Square Corporate Finance advised the management team alongside lawyers from Lupton Fawcett Denison Till and Corporate Recovery specialists Wilson Field.

YBS Composites produce Glass Reinforced Plastic Products into builder’s merchants and the property renovation market and can count household names like Travis Perkins and Countryside Properties amongst its customer base.

Adrian Woodhall said, “due to circumstances that were beyond our control, we found ourselves in a position where we needed expert help to restructure the company. Having worked with Kevan Shaw in a past life, I had no hesitation in asking Kevan and his team for assistance, which they gave admirably. Red Cube GRP Ltd now has a way forward that didn’t seem to exist three months ago”.

Kevan Shaw, Director at Castle Square said, “we are delighted to have advised Adrian on this transaction.  YBS composites is a growing and profitable business and this transaction will allow it to fund future growth”.


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