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Trailmaster buyout

16th August 1990, Page 14
16th August 1990
Page 14
Page 14, 16th August 1990 — Trailmaster buyout
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Which of the following most accurately describes the problem?

• Trailmaster Trailers, part of the Crane Holdings group which went into receivership last June, has been bought by a team of former Trailmaster managers for an undisclosed sum. The deal was partly financed by an un-named vehicle delivery organisation.

Director Jim Browne says the company anticipates a "challenging" year ahead, and aims to maintain production levels at around 100 units a year. Michael Dean and Peter England complete the management line-up.

Trailmaster has moved to slightly larger premises in Kettering and will continue to offer maintenance and service to existing Trailmaster users.