KBS Corporate advise on MBI for K G Coating Limited
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Bolton based specialist in company sales and brokerage services, has assisted in negotiations for the £1.6m deal for Wrexham based K G Coatings, which completed on February 1st 2013.
The buyer was Mr Gavin Williams, an MBI Candidate who was formerly Operations Director at Ribble Packaging Ltd. Gavin was advised by David Plant of Proventure Consulting in Manchester, with whom KBS has built up a good relationship.
K G Coating boasts an impressive client list and carries out work for companies such as Airbus.
Key to negotiations was Guy Haynes, experienced Senior Deal Executive who comments “I am delighted that this transaction has finally completed, and the strong relationship between buyer and seller was key to this. This deal has offered our client a clean exit from the business, so that he can concentrate on other interests, and our client firmly believes that Gavin has the tools to take the business forward and build on its existing success. I wish both parties well for the future.”