Shepshed aluminium firm sold to private equity house

Private equity house Equistone has taken a majority stake in BOAL, the designer of aluminium roofs and walls for greenhouses, which has a base in Shepshed, Leicestershire. Equistone will acquire a majority stake in BOAL Group from its current CEO Ronald Boers and the founder of the business, Marinus Boers, both of whom will retain a minority shareholding. BOAL’s management team will also acquire a minority stake in the business. BOAL employs around 370 people, and is headquartered in the Netherlands. Last year it turned over ... 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...
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