Grimsby-based multi-disciplinary specialist engineering group Blackrow has undergone a management buy-out.
Established more than 40 years ago, the employer of more than 300 people provides fabrication and installation services to blue chip customers worldwide.
The deal sees managing director Tony Booker, together with sales director Gary Pexman, operations director Nick Rands, structural and piping director Luke O’Brien and electrical director Callum Day, join the board and become majority shareholders. Blackrow’s current directors and shareholders, Neil Ellis, Chris Marfleet, Darren Broughton and Glenn Richie, will remain on the board and retain an investment in the South Humberside Industrial Estate business.
