Fowler & Gilbert, a Cheshire manufacturer of steel portal frame buildings for the agricultural industry, has been the subject of a management buy-out.
The Middlewich business is now under the sole ownership of Lee Gilbert (pictured right with NatWest relationship manager Kevin Connors) after he acquired the stake from business-partner Guido Battig.
The business, which was founded in February 2011, produces portable steel-frame buildings that are used for housing livestock, storing grain, commercial warehousing, equestrian facilities and riding arenas.
It also provides construction services. The business will continue to operate as Fowler & Gilbert. NatWest provided a loan to support the six-figure deal.
Mr Gilbert said: “When we started the business, we employed six people. We now employ 21 and will be adding a new member of staff in the next month. The business has gone from strength to strength and, as we look to the future, I want to continue to develop and grow the business and our customer base; I also want to continue to expand our national profile.”