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John Webb buys Hilta Plant
00:00 20 Apr 1995
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John Webb, ex-managing director of Thwaites and Benford, has bought
Coventry-based pump manufacturer Hilta Plant.
Successful completion of the negotiations follows a year- long search for a quality, small plant manufacturing business. Webb has been backed by finance house Midland Growth Capital.
The sale follows the retirement of its owners, Peter and John Clarke, who started the business in 1973. Webb said: 'Hilta has earned an enviable reputation for product design and reliability. I aim to maintain and build on the reputation by broadening the range of pumps and adding additional equipment of the types favoured by non-operated plant hirers and utilities.'
Successful completion of the negotiations follows a year- long search for a quality, small plant manufacturing business. Webb has been backed by finance house Midland Growth Capital.
The sale follows the retirement of its owners, Peter and John Clarke, who started the business in 1973. Webb said: 'Hilta has earned an enviable reputation for product design and reliability. I aim to maintain and build on the reputation by broadening the range of pumps and adding additional equipment of the types favoured by non-operated plant hirers and utilities.'
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