Camper van converter changes hands in MBO

Fri, 19 May 2017 | MBO/MBI

Yorkshire-based camper van conversion business Convert Your Van has changed hands in a management buyout.

Manager Daniel Staniland has purchased the business from founders Katrina and Scott Muldoon, after they were unwilling to progress the business further Insider Media reported. Lisa Pogson, Mark Staniland and Julie Robinson managed the buyout and finalised the deal in just three weeks. Neil Large of Lupton Fawcess gave advice on the deal.

The business now has new premises in Dinnington, South Yorkshire, with its three employees retained and new jobs being created. Andrew Nettleton from the Rotherham Investment and Development Office (RiDO) helped.

Mr Large commented: “Daniel, who will be leading the operation, has a real passion for the business and a clear vision for its expansion and development.

“With the wider support form the whole buyout team at the strategic, financial and operational levels, I have no doubt revenues will increase quickly.”

Convert Your Van Ltd specialises in camper van, motorhome and race van conversions, and can make custom furniture for most vans (built in or flat pack for self-build), as well as fitting windows, carpets and even appliances including sinks and hobs.

Find a business for sale
Subscribe to the Business Sale Report here


Share this article



Latest Businesses for Sale

Forklift Truck Manufacturer
South East, UK

The company provides a range of forklift truck solutions including sales, repairs, servicing, manufacturing and hire. Designs and manufactures its own branded forklifts with an extensive product range including reach trucks, order pickers and tow tra...

Asking Price: Offers Invited
Turnover: £6,000,000

LEASEHOLD


IT & Technology Recruitment Solutions
South East, UK

Multiple opportunities for growth and international expansion. Operates from leasehold premises. Our clients are offering the business for sale to facilitate further growth under the impetus of new ownership. Offers invited.

Asking Price: Offers Invited
Turnover: £2,000,000

LEASEHOLD


Brand Leading Outdoor Catering Appliances Manufacturer
North West, UK

Modern, well-positioned UK-based freehold premises to be included in sale. Genuine scope for further growth with development of existing product range and the addition of a sales function. Offers invited.

Asking Price: Offers Invited
Turnover: £563,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
27
 
May
 

Food-to-go supplier calls in administrators | ADMINISTRATION

Adelie Foods, one of Britain’s biggest suppliers of sa...

 
26
 
May
 

Luxury fashion brand DVF Studio enters administration | ADMINISTRATION

DVF Studio, the UK business of fashion designer Diane von Fu...

 
24
 
May
 

Over 50 hotels and travel brands up for sale as leisure company collapses | ADMINISTRATION

The parent company of coach holiday company National Holiday...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources