Management buy-out of BW

16th August 2017

Excited to announce that BW directors have completed a management buy-out (MBO) of the business.

The deal gives the senior management team a majority shareholding of 60%; BW founders and co-owners Craig Foster and Mark Richards retain a combined minority stake of 40%.

We feel strongly that it is the optimum time for BW to make this transition due to the following factors: sustainable increasing profits, growth story for the future, strong cash flow, brand advantage and untapped potential for a high-quality/service fit out company.

It has been a transformative 3 years for BW with new management appointments, rebranding, new headquarters and a strengthening of our team of experts.

The MBO will help us keep up this momentum into the future. We have an ambitious strategy to become the first 100% Defect Free company.

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