Electronic tracking firm completes six-figure MBO

Richard Harrison and Munzi Ali
CoreRFID, the Skelmersdale-based company involved in the design of electronic tracking systems, has completed a six-figure management buyout. The deal provides an exit for its original investor, The Coalfields Enterprise Fund, managed by Mercia Fund Managers, and allows the management team to take full control of the business. CoreRFID uses radio frequency identification (RFID) technology to track everything from plant and vehicles to product deliveries and legal files. The company, which employs nine people in the North West... For the full story register now for free or login below...