Techbelt

Heligan Group advised the shareholders of Techbelt Limited on its sale to Decisive Dividend Corporation (DDC), a Canadian publicly listed company. This transaction marks DDC's second acquisition in the UK, both advised by Heligan Group.

Techbelt specialises in manufacturing and distributing PTFE coated conveyor belts and tapes to the UK and international markets. Previously owned and managed by the Sparkes family—Simon, Margaret, and Allan—Techbelt exemplifies the strong interest shown by global listed acquirers in top-tier British manufacturing firms.

DDC, trades on the TSX Venture Exchange in Canada with a focus on acquiring profitable and high-quality manufacturing businesses that are leaders in their respective markets.

“It was extremely important to find the right partner to take Techbelt to market. Through a number of discussions, Heligan understood the importance of attracting the right type of buyers which concluded with a number of attractive offers from both domestic and overseas companies.

The whole team at Heligan have worked tirelessly and have been a real pleasure to deal with over the last six month.

Simon Heath, Alex Neale and Azam Iqbal were always on hand to assist us through this complex process and I can’t thank them enough for their unwavering support. 

Heligan have been a real pleasure to work with and I wish them all the very best for the future.”

Simon Sparkes, Managing Director, Techbelt

Sector: Industrials

Location: Huddersfield, England

Value: £5m-£10m

Website: www.techbelt.com