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Management buy in for cable maker

MACCLESFIELD retractable coiled cable manufacturer Autac Products has been sold to its former finance manager for an undisclosed sum.
The management buy in deal has been supported with funding from Royal Bank of Scotland.
Sallie Lowe, who worked for the firm for more than 30 years, has acquired the business in partnership with her husband David, following the retirement of the firm’s previous owners.
The duo intend to continue to run the business in line with current operations, whilst also focusing on driving growth and expansion. Read More