Outdoor lighting, railings and engineering products manufacturer Fabrikat has been sold in a management buy-out.
The Sutton-in-Ashfield business was sold by its two owners to the management team in a deal funded by Duke Royalty.
Fabrikat was formed in 1985 and has grown to become one of a handful of UK providers of street lighting columns, with an estimated 20 per cent of the UK market,
It also makes almost half the BS-approved guardrails installed in Britain today.
In recent years it has diversified to supply around half the UK’s market in decorative lighting poles and architectural metalwork for cityscapes and leisure settings, and provide management services to councils for things such as lighting-pole testing
link source - Business Live News