Partners

The company is a key supplier of industrial coatings to several global brands and organisations in sectors including defence and aerospace, agricultural and construction equipment, and automotive. Trimite has a history of profitable operations in highly technical applications, has low debt and enjoys robust gross margins relative to the overall paint industry.

Trimite is led by a highly experienced team of executives who have spent their careers in the UK manufacturing sector and in senior management positions in global coatings suppliers like Axalta Coating Systems Ltd. With this in mind, Trimite is well-positioned to expand its market presence and take advantage of its strong and growing sales pipeline.

Founded in 2012, the Company is headquartered in Zug, Switzerland, with 34 employees. The Company has a current product portfolio of approximately 40 available drugs and its principal market is Germany.

Fairmed and its subsidiaries produce a portfolio of high-quality generic products encompassing prescription and OTC drugs, as well as dermocosmetics and dietary supplements for many therapeutic areas.

Fairmed’s strategy to succeed in the dynamic global generics market is to focus on a broad product portfolio with cost-effective manufacturing that is subject to strict quality control. In 2019, Fairmed became majority-owned by the publicly listed company Strides Pharma Science Limited (“Strides”) to provide a platform for the distribution of Fairmed’s pharmaceutical products in the EU, post-Brexit.

Incorporated in 1990, Strides is a global pharmaceutical company with more than 3,000 employees and is headquartered in Bangalore, India. Strides has a global manufacturing footprint with eight manufacturing facilities spread across three continents with a strong footprint across 100 countries.

Fabrikat has a diverse and expanding customer base, supplying local authorities, contractors, developers, specifiers, wholesalers, and lighting OEMs. Increasingly it is pivoting into higher margin, bespoke sub-sectors.

Two members of the MBO Team have been at the company for more than 30 years and across the management team there is deep technical expertise in the steel fabrication market. The company is based in Sutton-in-Ashfield, UK and employs c.80 staff across its production and administrative functions.

New Path Fire and Security is a growing and acquisitive platform, buying independent regional fire safety and security companies throughout southern England. New Path predominantly serves business customers, helping them to protect their premises, assets, and most importantly their people.

New Path group companies cover all aspects of fire safety, including the installation, maintenance, and servicing of fire alarms, extinguishers, and emergency lighting and their security services extend to CCTV, access control, intruder alarms, door entry systems and beyond.  New Path’s growing raft of competencies also allows it to undertake ancillary electrical works required, giving customers a hassle-free single point of contact.

Duke has agreed a total funding commitment of up to £20 million to support New Path’s buy-and-build strategy to acquire profitable fire and securities services businesses across the UK.