Endless sells Amco for £19.8m

Endless backed the £9.4m management buyout of a portfolio of companies from Amco Corporation in 2008: Amalgamated Construction, Amco Drilling, Amco Plastics and Amco Developments were regrouped to form the Amco Group. Endless bought a majority stake in the newco while management retained a significant minority stake.

The turnaround investor stated that, since the original MBO, annual profits have increased more than threefold and the business has expanded its activity across all of its key markets.

Wakefield-based Amco focuses on the rail, energy and engineering markets and provides an integrated service from feasibility, budget and design through to installation, commissioning and maintenance.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

 

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