Rhino Products Limited
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Rhino Products Limited - overview
Established
2003
Location
-, Cheshire, UK
Primary Industry
Automobiles, Other Vehicles & Parts
About
Rhino Products Limited designs and manufactures high-quality accessories for commercial vehicles, enhancing their functionality and efficiency for tradespeople across various industries. Rhino Products Limited, founded in 2003 in the UK, specializes in producing accessories for commercial vehicles. The company underwent a significant change in November 2020 when it was acquired by LDC for GBP 36 million, supported by its management team. Steve Egerton continues as CEO, with previous experience in the industry.
The firm has successfully managed one deal to date. Rhino Products specializes in manufacturing high-quality van accessories designed to enhance the functionality and efficiency of commercial vehicles. Their core product offerings include van roof bars, roof racks, racking systems, pipe tubes, ladders, and steps, all engineered to facilitate the secure transport of tools, equipment, and materials. These products are particularly beneficial for tradespeople such as landscapers, builders, and electricians who require organized and reliable storage solutions to meet their daily operational needs.
Rhino Products has been operating in this sector for over 20 years, continuously innovating to meet the demands of customers primarily across the UK and Europe. By providing robust and durable accessories, Rhino aims to solve challenges related to loading, unloading, and transporting materials, thereby boosting work efficiency for their client base. In the most recent year, 2021, Rhino Products generated revenue of GBP 30,193,524. 2, with an EBITDA of GBP -146,402.
4 for the same period. Following the acquisition by LDC in November 2020, Rhino Products plans to enhance its market share both in the UK and internationally through a buy-and-build strategy. The partnership will enable the management team to launch new products and expand into new markets. Specific details on upcoming product launches have not been disclosed.
LDC's investment of GBP 36 million will be utilized to support these initiatives and strengthen the company's presence in targeted regions.
Current Investors
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.rhinoproducts.co.uk
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Rhino Products Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Rhino Products Limited | - |
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