Inflexion Private Equity is pleased to announce that it has agreed to sell its investment in Marley Group, the leading UK manufacturer of pitched roof systems to the construction market, to FTSE250 listed Marshalls.
The sale of Marley, will generate a return of 3.5x and an IRR of 58% for Inflexion investors. The announcement follows a record period of divestments by Inflexion over the last 12 months which includes the successful sales of Alcumus, Halo, Huws Gray, Medivet, Reed & Mackay, Succession.
The firm’s ESG credentials were expanded, with carbon emissions intensity down 33% between 2019 and 2021. 100% of production waste is now recycled and all manufacturing energy sourced from renewable sources. Inflexion supported the development of environmentally friendly products including the entry into solar panels with the acquisition of roof-integrated solar panel supplier Viridian Solar Ltd in 2021.
Read more: Press Release
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.