Management team buy in at Briggs & Forrester
Group Chairman Mike Stanton is delighted to announce
that today on the 14th August 2006 the share ownership
of the Briggs & Forrester Group has been extended to
include additional members of the Management Team,
including all of the Directors of the four operating
companies. This group of individuals have collectively
purchased 25% of the Group.
The Group is currently placed in the top 16 M&E
Contractors in the UK and the objective is to be in the
top 10 in terms not only in size, but reputation and
profitability.
Throughout the Groups 59 years in business there have
been many changes and this move to wider share ownership
is a continuation of this policy that the Briggs and
Forrester Board believe will be good for the company and
will benefit everyone in the future.
In the past five years the Group has doubled in size to
£100 million turnover, employing over 550 people and the
aim is to continue this growth.
Stanton states ‘The Group has an excellent reputation
for quality, dedication and a team approach in working
with our customers. We believe the key to our success is
the people we employ and extending the Groups
Shareholders to bring on board members of the Management
team, which include all the Directors of the operating
companies represents a tremendous opportunity for people
to become Shareholders in the Group as the business
continues to develop.
Email:
james.wythe@briggs.uk.com
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