MBNI Holdings, the parent company of Mercedes-Benz Truck & Van, has been taken over by its boss who joined the business 25 years ago.

Pauline McKeating has served as finance director and more recently as its chief executive and she took over majority ownership in 2023.

With commercial facilities in Northern Ireland and the South of England, MBNI Holdings employs over 300 people and has annual revenues of more than £90m.

McKeating said: “This is an incredibly proud moment for me.

“My journey with the company began 25 years ago in 2000, when I joined what was then Agnew Commercials as an assistant accountant. Over the years, I have had the privilege of growing with the business and in 2020 I became a minority shareholder through a management buy-in.

“By 2023, I had acquired majority ownership and today I am thrilled to take full ownership of MBNI Holdings.”

MBNI Holdings owner Pauline McKeating.

MBNI Holdings owner Pauline McKeating

McKeating added that the transition had been planned alongside company chairman and former owner Neil McKibbin: “Neil’s unwavering commitment has played a pivotal role in shaping the strong foundation upon which our business stands today,” she said.

“I want to extend my sincere gratitude to him for his trust, mentorship, and dedication over the years.

“While ownership has changed, our mission remains steadfast – to deliver industry leading service and to build on the incredible success we have achieved together.

“Our team is our greatest asset, and I am deeply grateful for their hard work, dedication, and passion.

“This is an exciting new chapter, and I look forward to leading MBNI Holdings into a bright future.”