LDC backs MBO at pump manufacturer
LDC in the Midlands has backed the management buyout of water pump manufacturer Stuart Turner in an undisclosed deal.
The investment will enable Oxfordshire-based Stuart Turner to accelerate its buy-and-build strategy, target further growth in the commercial pumps sector and support international expansion.
The manufacturer, founded in 1906, supplies products for the commercial and domestic markets, including a patented solution for mains water pressure issues.
The business is led by CEO Mark Williams and Financial Director M... 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...