Evac+Chair International’s MBO embraces team in future growth
Evac+Chair International, the market leader in manufacturing life safety products, has been acquired by business partners Gerard Wallace and Ian Thompson.
The business was bought utilising outside funding, having acquired the shares from the previous owner and managing director Mark Wallace. Gerard will now take on the role as managing director with Ian Thompson as sales and marketing director.
The buyout comes 35 years after the company was founded, following a previous management buy-out. The company designs and manufactures a... 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...
