Avery Weigh-Tronix, the Birmingham-based scale manufacturer with 1,000 staff, has undergone a £84m management buy-out backed by European Capital. The deal means that European Capital now owns around 80 percent of Avery on a fully diluted basis, with the management team owning the remainder. “Avery Weigh-Tronix is one of only a few global competitors in the marketplace, holding a leading share in the core UK. and US. weighing markets and in most of the niches in which it participates. This makes Avery an especially appealing investment opportunity for European Capital,” said Simon Henderson, European Capital Managing Director. European Capital has invested €831m in 27 companies since it was formed in August 2005. Avery Weigh-Tronix has been in operation since 1731, and its brands include Salter Brecknell, Dillon, Avery Berkel and Berkel.