March 12, 2024
- Plymouth is a pioneering group and a leader in electrical insulation solutions for a wide range of sectors and industrial applications.
- The management team, linked to the Company by shareholding, will continue to lead the management in this new phase.
Talde Private Equity, a private group pioneer in the Private Equity sector in Spain, has acquire a majority stake in Plymouth Rubber, a company specializes in the manufacture and marketing of high-quality adhesive tapes and other electrical insulation solutions. With more than 100 years of experience in the industry and the recognition of its brands and products among professionals, Plymouth Rubber is one of the leading companies in its field at an international level.
Plymouth's growth in recent years is the result of an ambitious plan for commercial expansion and consolidation in international markets. The incorporation of Talde as a shareholder is a key step in consolidating the project, supporting growth, and providing continuity to innovation. The management team will continue leading the business.
In addition to its headquarters in O Porriño (Pontevedra), where its head office, production plants and laboratories are located, Plymouth also has a sales office in Boston and its own sales network in the USA.
Plymouth products are distributed from its warehouses in Spain and the USA to more than 75 countries, reaching thousands of customers and millions of users worldwide. The company's success is based on a portfolio of high-quality products and a consolidated presence in various sectors: utilities, telecommunications, mining, industry, renewable energy, etc.
TALDE has been advised in the financial and legal areas by PWC and Euskaltax respectively, with BEKA Finance and KPMG being the advisors to the sellers.