Stadium Group PLC (Plastics Division)
25th July 2021
|By Ian Davidson
Regent Assay successfully completed a deal with the AIM listed Electronics Manufacturing Services provider, Stadium Group PLC. The deal involved the disposal of Stadium’s Branded Plastics Division, allowing the group to focus solely on its high growth electronics business.
The plastics business, which makes a range of consumer products including baby bath sets for Mothercare and “Flexi tubs” for home and commercial use, had been a successful subsidiary of Stadium for some time but had become non-core as the group moves towards becoming a specialist electronics business. The buyer was Flambeau Europlast Ltd, a subsidiary of Nordic Group, a privately owned company based in Wisconsin USA.