‘Global’ six-figure funding deal enables MBO
A six-figure funding deal from Royal Bank of Scotland has supported a management buyout at Bolton-based car firm Globe Car Sales.
Director Fahim Azhar has acquired the shares of his former business partner, giving him full ownership of the company.
The funding deal with Royal Bank of Scotland means that working capital at the firm will remain unaffected by the buyout, enabling the company to continue to focus on growth and achieving its targeted expansion of 10% this year.
Based on Manchester Road in Bolton, Globe Car Sales w... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
