Bulletin

Management buyout completed at Warrington-based CoreRFID

Meeting - CoreRFID has completed a successful management buyout - SantanderCB

Warrington-based radio frequency identification system maker CoreRFID has completed a successful management buyout thanks to backing from the SME lending arm of venture capital firm Enterprise Ventures.

Chairman Terry Allen, managing director Munzi Ali and sales director Richard Harrison took a 93% stake in the firm after acquiring shares from an existing investor.

CoreRFID serves more than 1,000 customers in the UK and abroad, including defence and aerospace giant BAE Systems, transport operator London Underground and law firm Allen & Overy.

Enterprise Ventures SME Loans is backed by Greater Manchester Pension Fund and Santander.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Spain

Santander takes 12 UK food and drink manufacturers to Spain on one of our successful trade missions. Adam Payne in the international team…

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Getting a taste for Spain!

Santander takes 12 UK food and drink manufacturers to Spain on one of our Trade Missions. Alicia Ferrero Vega in the International team…

Bulletin

Where Next?