Meridian Corporate Finance successfully facilitated the management buy-out of CJR Propulsion Ltd, a leading firm in the marine engineering sector, thereby empowering its management to drive future growth.

Information on the Target

CJR Propulsion Ltd, founded in 1948 and based in Hampshire, is a leading player in the marine engineering industry. The company specializes in the design and manufacture of precision-engineered propeller and sterngear packages, serving various segments including commercial vessels, leisure boats, and superyachts. CJR has gained recognition in the marketplace for its commitment to innovation and cutting-edge technology, allowing the company to maintain its competitive edge and achieve sustained growth.

The management buy-out (MBO) marks a significant milestone for CJR, equipping the management team with the resources and autonomy necessary to capitalize on upcoming growth opportunities. This strategic move is expected to further enhance their operational capabilities and foster continued investment in advanced technologies.

Industry Overview in the Target’s Specific Country

The marine engineering industry in the UK has been experiencing a robust period of growth, fueled by rising demand for advanced engineering solutions and sustainable technologies. Wit