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 and, earlier this year, bought the Cardiff-based greaseproof paper printer Lovely Packaging.
According to Chevler, Hislop comes with a “wealth of experience working with SMEs” and his appointment will help the company pursue further acquisitions.
Hislop previously 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 for more than 30 investments. As a former director for both a national accountancy practice and a leading regional practice, he has advised on transactions with a value in excess of £50m.
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, Stuart Whelan, Chevler’s managing director, said: “Mark was instrumental in the management buy-out 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.”