Verna Group is the UK market leader in the provision of pulp and infection control products to the acute sector. In April 2005, LGV acquired the Verna Group, at a cost of approximately £60 million.
Verna’s core business, Vernacare, manufactures and distributes disposable bed pans and holds a significant market share of this product in the UK.
Over the period of LGV's ownership, LGV strengthened the executive management team with the recruitment of a new Finance Director, Chris Attrill and a new Group Operations Director, Derek McIntyre. LGV also restructured operational management, with senior hires throughout the business and the team was also supported by a non-executive Chairman, Paul Murray, who was appointed at completion.
Under LGV’s ownership, the Group undertook a refinancing in June 2007 and in February 2008, LGV successfully sold Verna to Bank of Scotland Integrated Finance for an undisclosed amount.
In February 2008, LGV sold Verna to Bank of Scotland Integrated Finance for an undisclosed amount.
