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Rix buys Wheatley

8th January 1971, Page 12
8th January 1971
Page 12
Page 12, 8th January 1971 — Rix buys Wheatley
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• F. W. Wheatley (Trailers) has sold its trailer manufacturing and die-casting interests for £375,000 to Oliver Rix. The deal involves a cash payment of £36,345 and 5,418,460 new Rix shares. Mr Reginald Tailby, Wheatley's chairman, is resigning and will be replaced by Mr Alan Bartlett and the name of the group is being changed to West of England Securities.