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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Co-founder sells stake in cleaning firm A&R Services in MBO deal

One of Wales' leading cleaning firms, A&R Services, has been acquired in a management buyout deal.

Rayner Davies, who started the business in 2010 with husband Ashley Davies, sold her interest in the business to Mr Davies and two other directors in Chloe Stanford, who first joined the company as an apprentice at the age of 18, and operations manager Dora Vasarhelyi.

Mrs Davies said she will still remain a share holder in the firm, retaining part of her shares.

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