Written on: July 5, 2018 by SprayTM
McBride, manufacturer of aerosol and liquid personal care, skin care and toiletry products for retailers, has agreed to sell its European personal care liquids business, which includes its operation in Bradford, UK to Royal Sanders Group for £12.5m.
In its half year results in February, McBride announced plans to launch an accelerated “transformation program” to return its Personal Care & Aerosols (PCA) division to break even within 18 months.
In June, the group announced proposals to close it UK aerosols operations at Hull, putting 117 jobs at risk.
“As a result of this action and the absorption of certain volumes into our French aerosols operation, the group expects its ongoing aerosols operation to be at break-even profitability levels by July 2019,” the company said.
As the next step in its restructuring, the group announced today that it has agreed terms with Royal Sanders for the disposal of the its European Personal Care liquids activities, which comprises two manufacturing sites at Bradford and one in Belgium, which supply customers with a range of personal hygiene, hair care and oral care products.
