Mark Gower assumes the role of Managing Director and together with Chris Griggs and Ian Paton they have over 65 years of experience with SGCL.
Commenting on the transaction Mark said "It was always my aim to buy the business from my brothers Paul and Steve. We are a family business, proud of our heritage and I would like to take this opportunity to re-assure our customers and suppliers that it is very much business as usual here at Salisbury Glass.“
Michael Barcia, Director of Meridian orchestrated the deal, arranging funding from HSBC, SGCL's bankers since inception, working alongside Daniel Salanson who led his team at HSBC, as well as being supported by national law firm Shoosmiths who provided the management Team with legal advice which was led by Stephen Porter.
Mark Gower added "I would also like to take this opportunity to thank our advisers. Dan and Steve for the help they have given us and in particular I would like to thank Mike Barcia without whom we would have been unable to complete the transaction."