Management buy-in completed at Pressmark Pressings

A management team led by Alan Gardner, John Nollett and Les Wilkins completed a management buy-in of Pressmark Pressings in July 2016, backed by their own cash and loans from ABN AMRO and Cambridge and Counties Bank. The company has since secured over £2 million in new contracts for automotive parts.

“We had seen the potential in Pressmark for a while, but by the time we had managed to put together the MBI the company was struggling commercially and had just lost 25% of its sales due to the end of a contract.”zenoot.com

• 1 source
• zenoot.comPressmark celebrates ‘MBI’ anniversary with £2m sales boost | Zenoot | Manufacturing news, industry insights and case studiesSep 29, 2017

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