Six-figure funding package supports buyout at manufacturing firm
A Sheffield-based metal casting component manufacturer has undergone a management buyout (MBO) with the backing of a six-figure funding package from HSBC UK.
The MBO at Intermet Refractories sees managing director Callum Arthur take full ownership from the business’ former parent company, Sheffield Refractories Limited.
Arthur has over 30 years of experience in the refractories manufacturing industry both in South Yorkshire and internationally, having started his career as a lab technician at a refractories business.
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