Jamieson have advised the management team of Innovia Group, led by CEO David Beeby as part of the sale of the business from the Candover 2001 fund to Arle Capital.
Innovia Group, headquartered in Wigton, Cumbria, is an international manufacturer of high quality, speciality films for its key markets of labels, overwrap, packaging and polymer banknote substrate. The Group employs 1,600 people across two divisions – Innovia Films and Innovia Security. It operates six manufacturing sites located in Australia, Belgium, Mexico, the United Kingdom, and the United States, coupled with a network of sales offices, agents and distributors throughout the world. In early 2014, Innovia Security procured the Bank of England contract to supply substrate for the new polymer £5 and £10 notes.
Tom Burton led the team from Jamieson.