Accrol Group Holdings plc is a leading tissue converter and supplier of toilet tissues, kitchen rolls and facial tissues, as well as other tissue products, to major discounters and grocery retailers throughout the UK.
DWF's Corporate team advised Zeus Capital and Liberum Capital, led by partners Frank Shephard and John Campion and solicitor, Ciara Healy.
Frank Shephard said: "We are delighted to have advised both Zeus Capital and Liberum Capital on this fundraising transaction, which will enable their client Accrol Group Holdings plc to increase their share of the UK retail tissue market and build on their position in the private label retail tissue industry."
This is the latest of several key ECM transactions on which DWF has advised in the last few weeks, including:
- Advising Zedra Trust as a selling shareholder in the £5.4 billion IPO of THG Holdings plc
- Advising Zinnwald Lithium plc on its reverse takeover involving the acquisition of a 50 per cent. interest in Deutsche Lithium GmbH from Bacanora Lithium plc and associated placing
- Advising Canaccord Genuity as nominated adviser, sole broker and sole bookrunner on a £4 million placing for Attraqt Group plc to fund its acquisition of Aleph Search
- Advising CentralNic Group plc on a cash-box placing to raise £30 million to fund the acquisition of the "Zeropark" and "Voluum" businesses from the Codewise Group
