Speedy Freight MBO sees departure of founders and Eddie Stobart holding company GWSA


 

Puro Ventures, which trades as Speedy Freight, has undergone a management buyout which sees its founders leave the business and Eddie Stobart holding company GreenWhiteStar Acquisitions (GWSA) sell its remaining 20% shareholding in the company. Announcing the move today, Puro Ventures said Speedy Freight MD Mike Smith (pictured left) will be increasing his stake to become the majority shareholder, alongside operations director John Munnelly (right), with equity house BGF taking a significant minority shareholding. Founders Mike Le-Gallez and Ian Southworth […]