Manufacturer transforms fortunes a year after completing MBI
A Warwickshire metal forming firm has seen a transformation in fortunes just a year after completing a management buy-in (MBI).
Pressmark Pressings, which provides high volume components for automotive manufacturers, was bought by management team Alan Gardner, John Nollett and Les Wilkins in July last year after they spotted an opportunity to turnaround one of the sector’s most under recognised businesses.
Backed by their own cash, together with funding from ABN AMRO and Cambridge and Counties Bank, the trio have used their kn... 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...
