Sale: Micron Group
Crowe advised the shareholders of Micron Group in the sale for an undisclosed sum to Goizper, a spraying and biotechnology business based in northern Spain.
Since that time this family business has continued to grow under the stewardship of the Bals family, acquiring Micron Air in 2000 and Enviromist Industries in 2004. The sale to Goizper was the next natural step in the Group's evolution and Crowe is delighted to have assisted the shareholders in realising their plans.
Today, Micron Group incorporates Micron Sprayers, Micron Air and Micron Enviro divisions, serving a broad range of industries worldwide.
Based at Bromyard Industrial Estate, near Hereford, the group now employs 46 and had a turnover of £3.6 million in its last financial year to December 2017.
Goizper Group specialises in hand-held and pressure sprayers, offering brands including Matabi, Osatu, Inter and IK.
Crowe's role and team
Sale advisory, led by Andy Kay.
Client quote
“Both Goizper and Micron will retain their identities, with no significant change in organisation or commercial policies. I have nothing but praise for Andy – easy to work with, worked hard and diligently on the issues and gave very good advice at critical points in our negotiations."
