After lengthy negotiations, Midlands trade manufacturer, Central CRC, has been acquired by local competitor RPL.
The deal will also see the existing Central CRC senior management move over to take similar roles in the combined business. Chairman, John Allen, stated that: “the purchase will create great opportunities for both entities and makes the combined business, one of the Midland’s largest PVCu trade manufacturers.”
In response Central CRC chairman, Gary Morton, said: “the timing of the deal is perfect, both for the management and for the combined businesses. The scale it now has, will provide the perfect base for continued growth and entry into other markets.”
He concludes: “We are delighted to have done this deal and feel that the new company is now geared to go from strength to strength.”