Posted on 7th June 2019 at 14:41
In May 2019, Therapy Equipment Limited was sold in a transaction which saw the founding owners transfer the full share capital of the company to a new UK based private owner, compromising a small number of individual investors with healthcare and entrepreneurial backgrounds.
The new owner is excited about the opportunity to build upon the strong foundation and quality product and service reputation developed by the Munn family over many years. There is a commitment to grow the company in the UK and overseas whilst retaining the high level of customer service for which Therapy Equipment Ltd is renowned.
The new owners are grateful to Steve and Dave Munn for agreeing to help oversee a period of transition over the coming months which will ensure a seamless change from the previous ownership to the new ones.
The business will remain at its HQ in Potters Bar and for most customers and partners, the message is very much one of “business as normal”.
For any further details, please speak with your sales manager or company contact, or contact Frank Collins via Therapy Equipment Ltd.