JURATEK IN MANAGEMENT BUYOUT

juratekAllan Hooks and Matt Robinson have announced that they have purchased the entire shares of brake component supplier Juratek Holdings Ltd. Terms of the deal were not disclosed.

Allan Hooks will serve as Chairman and Matt Robinson will move from his existing role as General Sales Director to the role of Managing Director with day to day responsibility for the company and for setting and implementing the future strategic direction of Juratek in the UK and Export markets.

Commenting on the completion of the MBO Allan Hooks commented “It is very pleasing to complete the transaction and secure the future of the company. Our aim is growth and we now have the key people in place to achieve this”.

 

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

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