Tool Firm's Boss Is Praised After Pounds 43m Private Equity Takeover

Evening Post (Bristol, UK) › August 26, 2010

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Summary

B RISTOL-BASED building tools and equipment firm Brandon Hire has been sold off in a Pounds 43 million deal by its parent company Wolseley, it was announced yesterday.

Private equity firm Rutland Partners has agreed to snap up the 177-strong chain, which employs around 960 people across the UK.

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Extract

Tool Firm's Boss Is Praised After Pounds 43m Private Equity Takeover

The move follows a review, led by Wolseley chief executive Ian Meakins, which saw 19 of the group's unde...

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