Thu, 25 May 2017 | MBO/MBI
Directors at Lincoln-based printing business Elpeeko have led a management buyout that will help to secure the future of the 112 year old company.
Established in 1905, Elpeeko Ltd is a leading print and design company which works with clients across Lincoln and in the East Midlands.
The three directors who led the acquisition, Clare Griffiths, Gary Spittlehouse and Dave Swaine, have taken over the reins from owner Steve Turner to help secure a smooth transition for the business and its employees for the long-term.
Clare Griffiths, art director, said: "The senior team and everyone at Elpeeko is thrilled at this new stage of transition for the company.
"We are looking forward to future growth and to working with our existing and new clients to develop the company further and focus on our core strengths as a print and design business delivering tailored solutions."
Helen Sallis and Rod Whitehead of Independent Banking Professionals, along with Richard Minshall of Minshall Accountants supported the structuring and finance of the transaction.
“Independent Banking Professionals worked closely with the new owners to secure the buyout, allowing the company to move forward on a positive footing for the future. It was great to be working with such an enthusiastic and positive team and we are looking forward to continuing to contribute to Elpeeko’s future success,” said Sallis.
Search for print businesses for sale.
Subscribe to Business Sale Report here
Provides an extensive range of coffee machinery, which is imported from Italy and Spain, and coffee products, which are sourced within the UK. Offers invited.
One of the UK's leading end-to-end service providers. Comprehensive export handling, packing and storage services, providing specialist cargo and goods management to a wide variety of international operations and private clients. 40+ years of success...
Food Service Businesses: Fish & Chip Shops. Established, high turnover traditional Fish and Chip and hot food takeaway operating from busy parade location, Bath. Offers invited.
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources