MBO secures future of construction products company
A long-established building products business has undergone a management buy-out backed by a £500,000 loan from Mercia Fund Managers.
Quantum Profile Systems, which employs 90 staff at its headquarters in Oldham, is a supplier of contract flooring accessories and plastic extrusion products to builders’ merchants and window manufacturers.
The deal gives control of the business to the management team consisting of the managing director Clive Bowen, operations director Simon Crossley and sales director Steve Kean.
Quantum man... For the full story register now for free or login below...