18 October 2011Droitwich, UK based bin manufacturer, Egbert H Taylor & Co. Ltd has been acquired by investment firm Sullivan Street Partners.
Taylor, which designs and manufactures 4-wheeled steel waste and recycling container systems, says that having completed a process of optimising design, technology and business management systems it is well positioned to move to an investment group with hands-on experience in the sector.
The company will continue to operate from the existing Oak Park HQ, logistics centre and manufacturing site in the West Midlands; the company has a long term lease on the facilities and significant room for expansion at the site.
David Williams who becomes the new CEO of Taylor, having worked in the management team since 2006 explains that the task now is to move forwards with fresh investment and a new development and expansion plan.
Williams adds, "From a local interest point of view this acquisition means that Taylor retains its independence and existing growth plans can be put into effect. This will equate to more business, providing not only job protection for the existing workforce but almost certainly employment prospects for skilled local people in the future."
Peter Selkirk, formerly Taylor CEO will now become the company's Chairman,
Richard Sanders, Partner at Sullivan Street, commented: "Our existing involvement in environmental services companies helped to identify the Taylor Group as an attractive asset with a tremendous position in the UK."
"The unique focus that Sullivan Street Partners provides will enable Taylor to rapidly accelerate its growth plans in both the UK and overseas," he adds.
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