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To review our recent transaction record, please click below.
Mistry Pharmacy Limited
Electract Ltd
Moorcourt Developments Ltd
Adam Chemist
Autism North Ltd
Mway Motiva Group Ltd
R.F Foskett pharmacies
Delam Care Ltd
Bowmark Capital
Craegmoor Healthcare Co Ltd
P Williams (Chemists) Ltd
Co-operative Group Pharmacy Ltd
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Mway Motiva Group - June 2006
Bates Weston advised the management team of
MKC holdings, owner of Motiva Vehicle Contracts Ltd, Mway
vehicle Rentals Limited and KC (Car Sales) Limited during
the recent Management Buy Out.
The new management team plans to develop synergies across
the groups businesses to deliver their growth objectives.
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Peter
Davenport, MD, said:
“We
are delighted as a management team to have completed this
buy out. We see real potential across the three businesses
and believe that by employing synergies across the entire
operation we are in a stronger position to drive the business
forward.”
Chris Jones of Bates Weston Corporate
Finance commented:
“The vehicle hire and
rental sector continue to strengthen as businesses outsource
provision. The buyout of MKC is well timed to capitalise
on this trend and consolidates MKC’s position in the
market.”
Natwest provided debt and working capital facilities to
fund the buy out, and their asset finance division Lombard,
supplies facilities across the enlarged group. |
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