{"id":87568,"date":"2021-01-18T11:00:52","date_gmt":"2021-01-18T11:00:52","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=87568"},"modified":"2021-01-18T11:00:52","modified_gmt":"2021-01-18T11:00:52","slug":"management-buyout-playfords","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/management-buyout-playfords\/87568\/","title":{"rendered":"Management buyout for Playfords complete"},"content":{"rendered":"

Building services contractor, Playfords Ltd<\/a>, has announced the completion of a management buyout and restructure of its board of directors<\/h2>\n

The new shareholders, James Tuohy \u2013 managing director who headed up the acquisition of the management buyout<\/a> along with Andy Downing \u2013 group operations director and Dave Miller \u2013 Northern operations director will be working with the company’s retiring directors to allow a smooth transition and continuation of services.<\/p>\n

Looking to the future<\/h3>\n

James Tuohy, said: \u201cI am delighted and honoured to be able to continue the long-standing success of Playfords and thank our outgoing directors for their valuable service throughout their tenure.<\/p>\n

\u201cThe MBO has ensured a seamless transition of control<\/a> for the business and represents an exciting opportunity for the team to implement our vision and exciting future plans for the business.<\/p>\n

\u201cAlongside my fellow directors we remain committed to continuing with our current business strategy, the plan that has been created for the MBO has identified a number of opportunities and developments for us to explore in the near future\u201d<\/p>\n

\u201cAs with any important business change, we will continue to work closely with our customers and suppliers whilst guaranteeing that our high standards and service levels remain in place to meet expectation\u201d<\/p>\n

Playfords has experience in the fields of electrical & mechanical services, renewable energy, voice & data cabling and audiovisual & IT.<\/p>\n

The management buyout heralds a new era for Playfords Ltd which is approaching 100 years in business in 2025.<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

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