Backing has been given for the £90 million management buy-out of Black Country-based Kee Safety, a
global supplier of safety systems and products designed to protect people from hazards.
The deal was backed by Dunedin, the UK mid-market buy-out house, which acquired its stake in the business from LDC. Dunedin invested £32 million, which will help enable Kee Safety continue its international expansion.
Kee Safety employs 274 people and sells its products in over 50 countries. Last year it turned over £35 million.
Its customers range from multinational corporations, to major contractors, distributors and installers.
Products include fall prevention equipment, roof edge protection, barrier and guardrail systems and safe access solutions.
It operates sales and distribution centres in the UK, Germany, the USA and Dubai and sales offices in Canada, China, France and Poland.
Nicol Fraser, partner at Dunedin who joins the board, said: “The business enjoys strong brand recognition and loyalty across its global customer base and has successfully utilised this strength to develop the brand and expand its routes to market.”
Chris Milburn, CEO of Kee Safety, added: “Further international expansion is a key element of our growth strategy and we are confident Dunedin will help us to realise these ambitions.”
LDC invested in Kee Safety in 2011, working with the management on a strategic plan.
