Tuesday, June 17, 2008

News: Rotherham firm wired for further growth


The Star reports on the management buyout at Rotherham firm, CMD Ltd. The firm was created last year by the merger of two companies, Rotherham based DPG/Form Fittings, which was founded 20 years ago, and Preston based Powerplan and is a UK specialist in under floor wiring and power cable management. RBS, Grant Thornton, DLA Piper, PriceWaterhouseCooper and Hammonds all helped the buyout go through. CMD's managing director, Steve Cole told The Star that the buyout was the opportunity to: "take the company forward to the next stage supported by a clear strategy and our commitment to developing new products, leading technology and world class logistics. "We have a great team who is dedicated to the business and will keep us at the forefront of the industry. We remain very optimistic for the future of CMD and look forward to strengthening our working relationship with RBS."
CMD website
The Star article


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