ALTRINCHAM-BASED marketing agency BDB has a new executive team after a management buyout led by the company’s Managing Director Matt Smith.

The new executive team consists of Matt Smith,Catherine Butcher (Deputy MD), Jenny Mason and Jon Hallowell.

It has acquired 100% of share capital from founders Susanne Bell, now Dixon, and Henry Dixon.

Matt, who has been with BDB since 2014, says: “I’m so proud to be leading BDB during this exciting period of development and growth. We have formed a truly formidable team here at BDB, and the deal has been structured to allow future talent the opportunity to share in the ownership.

“I would like to thank Susanne and Henry. Without their bravery, foresight and commitment, BDB wouldn’t exist. I know they share in the excitement of seeing how we continue to evolve and where we take BDB.”

Founded in 1987, BDB is a specialist marketing communications consultancy which works with global clients across a variety of sectors including food and nutrition, healthcare, construction, engineering, energy, coatings and packaging.

It has worked with clients like DSM, tna, Tata Steel and Johnson Controls and it has recently acquired clients such as Huntsman Advanced Materials, senseFly, MWheels, and MacDermid Enthone Industrial Solutions.

Commenting on the new team Matt says:“Alongside Jon’s vast experience and creative flair, I’m delighted to be joined by Catherine and Jenny – two inspirational women in business.

“We’ve got the right balance of personalities, profiles and skills to take BDB on to new levels of success and market dominance, both internationally and in domestic markets.”

The deal has been supported by HSBC, with Ben Bradley and Ryan Niblock of HURST Corporate Finance and David Easdown of Turner Parkinson acting as financial and legal advisers to the Management Buyout team.