Moss Metal Finishing Limited has been acquired by Andrew Hopkins, who was the former business development manager at the firm, from his father Phillip Hopkins in a management buyout for an undisclosed sum.
Since joining the firm over four years ago, Andrew has implemented a modernisation strategy which includes further improving quality standards.
Andrew Hopkins said: “We have invested in improving the high quality finish and customer focussed service we pride ourselves on at Moss Metal Finishing over the last few years and the management buyout enables us to build on this and continue our future growth plans.”
The vendor was represented by Emma Greenwood at Shulmans LLP and Richard Feltham from Garbutt + Elliott provided advisory services.
Richard Feltman said: “Having advised on the original MBO over ten years ago and acted as accountants and advisers to the family business since then, it has been great to see this specialist metal finishing company growing well through recession and beyond and for Andrew to have the opportunity of taking over and continuing to build the business.”