MBO for Huddersfield industrial group

MBO for Huddersfield industrial group

A management buyout (MBO) has taken place at Woodcock & Wilson Group, a Huddersfield-based industrial group in the fan and air movement equipment sector.

The MBO took place at the tail end of last year and saw the existing management team led by MD Ian Crum, Richard Wilson, Scott Harding, Charles Halstead and Gareth Wolstencroft take the reins business from majority shareholder Mark Jones.

“Our team has worked together for some time now, we are excited about the future where we can build on the success and reputation that Woodcock & Wilson has already developed to make us the most respected in our industry,” said Mr Crum.

Founded in 1973, the group is now eyeing future growth as the new shareholders apply their knowledge and experience.