Partner Article

Middlewich’s Fowler & Gilbert undergoes six-figure MBO

Middlewich-based Fowler &Gilbert, a manufacturer of steel portal frame buildings has undergone a management buy-out.

Fowler & Gilbert Ltd is now under the sole ownership of Lee Gilbert after he purchased the remaining shares from his business partner Guido Battig with funding support from NatWest.

The business will continue to operate as Fowler & Gilbert.

Fowler & Gilbert started in February 2011 and produces high quality steel portal frame buildings for use in the agricultural and industrial sector.

These buildings range from housing livestock to storing grain, commercial warehousing to equestrian facilities and riding arenas.

The business also provides a range of construction services.

In addition to creating new jobs, Fowler & Gilbert have also recently invested in its computer system to assist with its business growth ambitions and daily operations.

Natwest obtained a loan to facilitate the six-figure deal.

The company was also advised by solicitor Richard Murrall of Lanyon Bowdler and accountant Andrew Young of Dyke Yaxley.

Lee said: “When we started the business, we employed six people.

“We now employ 21 people and will be adding one new staff member 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.

“We presently have a strong customer base and I want to continue to expand our national profile. We want to focus on more sector shows and events, and attract new clients.”

This was posted in Bdaily's Members' News section by Sophia Taha .