Lubbers welcomes ACC Capital on board as part of MBO

RTH Lubbers MD, Tony Tailford (Left) and RTH Lubbers company director Stuart Ferguson (Right)
 

Equity firm ACC Capital has bought a majority stake in Lubbers Transport Group as part of a management buy-out at the firm. The deal sees the management team at Lubbers, which is lead by CEO Ger Englsman, invest alongside ACC, with the existing shareholders (Ronald Lubbers and UK MD Tony Tailford) retaining a minority interest in the business. Lubbers specialises in serving the oil and gas industry in Europe, and in 2005 Lubbers of the Netherlands merged with RTH in […]