News

C.W. Downer & Co. Advises Arneg S.p.A. on the Acquisition of Manor Concepts Ltd.

BOSTON, February 26, 2015 – C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Arneg S.p.A. has acquired Manor Concepts Limited, a leading manufacturer of refrigerated cabinets, display cases and doors in the United Kingdom. The deal closed on February 11, 2015 and the transaction value was not disclosed.

“This is a very good move for Arneg in the British market and we are grateful to C.W. Downer for their help on this transaction,” said Daniele Marzaro, Corporate Affairs Officer of Arneg S.p.A.

Based in Padua, in the Veneto region of Italy, Arneg S.p.A. is an international leader in the design, manufacture, and installation of refrigerated and non-refrigerated cabinets, hot cases and display systems & solutions for retail, grocery and food service establishments. With factories and offices in 25 countries around the globe, the company is noted for its attention to detail, quality of materials and long tradition of excellence.

Founded in 1996 and based in Bedfordshire, UK, Manor Concepts Ltd. is a highly respected producer of innovative refrigerated display cabinets and energy saving cabinet door systems used by supermarkets and food & drink retailers in the UK and Ireland. The company also offers a complete project management service to oversee the design, creation and installation of its products. The current Manor team will remain with the company after the Arneg acquisition.

“We are very pleased to extend our very successful Retail Fixtures practice into the Refrigerated segment with this transaction,” said Ashley Rountree, Managing Director & Partner with C.W. Downer & Co.

“The Manor acquisition complements well Arneg’s existing business in the UK, providing a local production capacity, a well-recognized brand and a unique portfolio of blue-chip customers including some of the UK’s largest retail chains,” added Nicolas Vienot, Vice President with C.W. Downer & Co.

The C.W. Downer & Co. team advising Arneg on the acquisition included Mr. Rountree, Mr. Vienot, and Ivana Mastilovic (Analyst).

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 40 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover hidden acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

For Further Information:

Ashley Rountree, Managing Director & Partner
This email address is being protected from spambots. You need JavaScript enabled to view it.
C.W. Downer & Co.
+33 1 48 00 27 00

Back to Previous

© 2015 by C.W. Downer & Co.

Downer & Company (d/b/a C.W. Downer & Co.) is a fully registered broker/dealer
and a member of the Financial Industry Regulatory Authority (FINRA).