Chevler Beefs Up Board With Non-Executive Director Appointment
Chevler, the rapidly growing South Wales-based manufacturer of baking cases, muffin wraps and printed greaseproof paper, has beefed up its board with the appointment of Mark Hislop as a non-executive director.
Since being created by a management buy-out three years ago Chevler has gone from strength-to-strength following increased sales and a number of contract wins both at home and in its European and North American export markets.
Earlier this year Chevler bought the Cardiff-based greaseproof paper printer Lovely Packaging and announced it would not rule out further acquisitions if the right opportunities present themselves. The appointment of Mark Hislop to the Chevler Board in a non-executive capacity will therefore be invaluable in this quest.
A qualified banker, Mark has a wealth of experience working with SME’s and an in depth knowledge of raising finance for both organic and acquisition strategies.
Mark spent 19 years in the corporate banking sector, ultimately as a Director within the structured finance department of a ‘Big Four’ bank. He left banking to work in the Private Equity sector where he was responsible more than 30 investments. As a former Director for both a national accountancy practice and a leading regional practice, Mark has advised on transactions with a value in excess of £50m. He established Advantage Accountancy & Advisory LLP in 2010.
He said: “Since the management buy out I have seen the Chevler management team develop the business and position the company as a leading manufacturer of innovative packaging solutions for the bakery sector.
“The focus on innovation continues and with the management buy out now well behind the company the platform has been firmly established for growth, both organic and through acquisition, I look forward very much to playing a part in the future success of the company”
Commenting on the appointment Chevler’s managing director Stuart Whelan said: “Mark was instrumental in the management buyout of Chevler three years ago, and he has remained a valued and trusted advisor on a number of deals since including the recent acquisition of Lovely Packaging.
“His appointment is a signal of our strategy to continue growing and developing our business for the long-term, investing in and developing our existing capabilities and seeking out new opportunities which build on our market leading position.”
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