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Duraweld passes to the next generation in MBO

1st March 2010

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(L to R) Hannah Senior, Richard Senior and Mark Yeung at the Duraweld factory.

(L to R) Hannah Senior, Richard Senior and Mark Yeung at the Duraweld factory.

STATIONERY and packaging manufacturer Duraweld has completed a management buy-out.

The Scarborough-based firm has now passed to the ownership of chairman Richard Senior's daughter, Hannah, and son-in-law, Mark Yeung.

The buy-out is intended to strengthen the company’s position while also providing a new platform to develop the business going forward. 

Hannah, who is currently in the role of chief operating officer, joined the company in September 2008 after completing an MBA at Stanford Graduate Sc......for the full story register now for free or login below...


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