Fork lift business stays in the family after ownership change
A company which trains people in handling mechanical equipment has undergone a change of ownership – although it remains a family-run business.
Lee Cox has purchased an 85% stake in Train-a-Lift, based at Charter Avenue Industrial Estate in Coventry, from his second cousin, David Brown in a six-figure deal.
Mr Cox will work alongside his cousin and other shareholder Steve Brown, while David Brown will continue to work within the business in a new role.
Train-a-Lift was formed in 1977 by Mr Cox’s great uncle Jim Brown, and... 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...
