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MBO at safety control switch specialist

Posted on 10 Jul 2017 and read 3854 times
MBO at safety control switch specialistSkelmersdale-based Mechan Controls, which employs 15 people, has undergone a management buy-out (www.mechancontrols.com).

Mabruk Farrah is now the sole shareholder after purchasing the assets from the Mandicom Group in a £900,000 deal supported by NatWest (through a combination of term loans and RBS Invoice Finance).

Founded in 1971, Mechan Controls provides safety control switches that are used by companies world-wide during their manufacturing processes.

Mr Farrah said: “I have been a technical director at Mechan Controls for almost two decades and seen it grow from a small-scale supplier to the global leader in machine safety switches it is today.

“Taking ownership of the business is a milestone for me, and I am looking forward to continuing our growth and strengthening our position in the industry.”