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Future Assured for World Leading Loading Systems Businesses
7 April 2017

The future of the Joloda International loading systems businesses have been secured through a private ‘Buy-In Management Buy-Out’ (BIMBO) deal, which sees the arrival of a new, investing CEO, supported by two of the group’s existing directors. Majority share owning Executive Chairman, Wojtek Kordel, who led the original acquisition of the company from the York Trailer Group in 1982, steps aside into a non-executive director role, to lend continuity and shareholder representation on the new board. Commercial details of the sale are not disclosed.....

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