PDT helps MNH Sustainable Cabin Services to expand its wings
Published: 11 September 2023
We are delighted to announce that our team of corporate transaction specialists have advised on the successful sale of MNH GRP Ltd to Linstol, a leading supplier of in-flight passenger products for the airline industry.
"Big thank you to all involved at PDT for your hard work in helping us get this over the line. It didn’t come without its challenges, but none which couldn’t be solved with the professional guidance of Noel and Sian. Thank you to the whole team for providing a calm and positive approach throughout the transaction."
Matt Rance, CEO, MNH GRP Ltd
Started in 1998, MNH has specialised in delivering performance management and refurbishing solutions supporting inflight service and ground handling teams from many of the world’s leading airlines. In addition to managing service levels and reducing spend, MNH works with all clients to help deliver their sustainability objectives.
The sale will see the existing senior management team continuing to lead and manage the business, working alongside Linstol to push the boundaries of innovation and service levels MNH’s airline partners expect.
“MNH joining the Linstol family is a testament to Linstol’s vision of spearheading a revolution in the travel industry by providing visionary, sustainable and unparalleled passenger comforts and exceptional service. I look forward to collaborating with MNH on a larger scale to increase our product supply and service programmes globally through our airline partnerships and pioneering technology whilst delivering on mutual sustainability objectives.” Mark Russell, Chief Executive Officer, Linstol.
The transaction team at PDT was led by Noel Ruddy and Sian Webber and included Laura McMaster and Chloe Amos.
Sian said: “Working with Matt, Emma and Stephen has been a pleasure over the last 4 months. Everyone worked tirelessly and there was a real sense of excitement and drive as we approached completion, despite the last-minute challenges! I have no doubt that MNH will thrive following the sale and all the corporate team at PDT wish everyone involved every success in the future”.
If you would like to find out more about how PDT can assist in the sale of your business then please get in touch.
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