Director Kevan Shaw and Patrick Lynch from the Castle Square Team advised Prodis, one of the UK’s leading supplier of own branded products to the catering and hospitality trade, in a Management Buy-Out, on the deal valuation and ran a structured process which resulted in NatWest providing the necessary finance to complete the transaction.
Prodis, based in Stoke on Trent, supplies its own brand of refrigeration equipment for bar, storage and display as well as ice makers, glasswashers, dishwashers, and catering equipment to bars, restaurants and hotels, acting as a distributor for brands such as Samsung, Icematic and Whirlpool.