ISP management buy-out
The management team of International Safety Projects Ltd has completed a £ 4m buy-out of what they claim to be the world’ s largest manufacturer of inflatable marine lifejackets.
A professional tour of the Port of CapeTown takes place on the afternoon session of Wednesday 15 May, followed by a free social evening. A Sponsored Theme Dinner takes place on the Tuesday evening and the traditional Congress Dinner will take place on Thursday evening.Defying prevailing market conditions, the acquisition has been backed by both the Alliance Fund Managers’ Merseyside Investment Fund and the Cooperative Bank. All 95 staff will be retained under the new ownership at the company’s factories at Bootle and Birkenhead.
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