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company goes for management buyout
Evesham forensic science equipment supplier, Foster+Freeman, has undergone a management buy-out, supported by UK private equity company Primary Capital Partners, with the balance of funding coming from debt facilities provided by HSBC.
Foster+Freeman, founded in 1978, is now a major global forensic science
“We champion our people above all, so investing in learning and development, and mentoring talent through such initiatives is an exciting opportunity for everyone involved.” equipment supplier, exporting market-leading products from the UK to more than 160 countries worldwide.
The business R&D team recently won an award for its Recover product, a unique technology capable of revealing “impossible” fingerprints.
OGL Computer, one of the largest employers in Wyre Forest, has been commissioned as the IT partner for Brandauer, a family-run, Birmingham-based presswork and stampings engineering company.
Brandauer recently made its firstacquisition and is now targeting a £10 million turnover by 2021.
This is the second time Brandauer has worked with OGL Computer.
The IT company reviewed Brandauer’s systems and recommended technology products and services to resolve potential problems, ensure the engineering company had better control of its data and could avoid downtime.
OGL Computer was also recently nominated as a Responsible Business Champion by Mark Garnier, MP for Wyre Forest.
It was shortlisted alongside some big names including Budweiser, Manchester Airport, SABIC UK Petrochemicals and Standard Life Aberdeen.
Catering group sprints into industry power players list
Sprint Group, the Pershore-based commercial catering firm, has been named as a top four power player by Catering Insight Magazine, a leading catering equipment industry publication. Run by brothers Ross and Luke Ryan, Sprint works nationally with companies such as Brasserie Blanc and The Ivy Collection.