MBO of £5m turnover firm completes
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Butts of Bawtry
2
May

MBO of £5m turnover firm completes

Doncaster business Butts of Bawtry has announced the completion of a management buyout.

Butts of Bawtry, which was established in 1971 and is headquartered at Station Road in Bawtry, employs over 30 staff. Turnover for the current year is expected to exceed an all-time high of £5m.

The business specialises in garage and workshop equipment, spare parts, health and safety equipment, MOT bay equipment, security products, workshop essentials and automotive tools. It also provides a planning and CAD design service and as well as selling new installed garage equipment.

The management buy-out, completed with the support of Barclays, sees husband and wife Mark and Carolyn Bean, who have worked with previous owner Fraser Wakerley for many years, takeover the business.

 

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