Case study – industrial services
Active Industrial Services is a privately owned fast growing industrial parts supply and engineering services business. It offers outsourced supply chain management of industrial products and services to large industrial customers. They have grown rapidly over the recent years and they are now expanding into new diverse markets. Paul Griffiths has supported their growth since 2004 with various appointments to provide professional middle management and to support the growth aims of their Chairman and original founder, Brian Lloyd. More recently, in 2014, after an extensive search, Paul introduced a new Managing Director to join the existing board and drive a buy in management buyout (BIMBO) transaction. Along with the Commercial Director and part time Finance Director, both of whom had been sourced by Paul in 2011 and 2007 and 2011 respectively, Richard Bennell joined the business and effected a part buyout of Brian Lloyd’s shareholding.
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