A company that provides roofing and structural waterproofing services to major construction projects, including the Bluewater and Bullring shopping centres, has been bought by a team led by two of its directors.
Sheffield-based laser cutting outfit Mayflower Technology has been taken over by a new management team, backed by an integrated package of debt and equity from Bank of Scotland. Though exact details of the BIMBO have not been confirmed, Bank of Scotland is known to be taking a ‘significant’ minority equity stake.