MML Capital Partners (“MML”) backed BMB (www.bluemaxbanner.co.uk), has acquired Orion Teamwear (www.orionteamwear.com), a high performance bespoke sportswear business. MML invested into BMB, the UK’s leading supplier of school uniforms, in July 2015 to support management’s growth plans. The acquisition of Orion enhances BMB’s sportswear offering, which now includes bespoke ‘Teamwear Kit Design’, state of the art ‘sublimation printing’ in addition to traditional cut and sewn stock supported sportswear product.
Nigel Plenderleith, BMB’s Chief Executive comments: “Orion is a well-established brand not just in the school wear market but at a professional level too and comes with a strong customer base. Our focus will be to keep the creativity associated with the Orion brand and to add our market leading logistical and delivery capabilities.”
Luke Jones, MML, comments: “This is a significant step for BMB, accelerating its expansion into the sportswear market and provides a platform for continued product development. We look forward to continuing to work with Nigel and the team to grow the business.”
Luke Jones and Ed Baker led the deal for MML. Debt to support the transaction was provided by BMB’s incumbent lender, Barclays.