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Buying out the owners is catching

2nd October 1982, Page 29
2nd October 1982
Page 29
Page 29, 2nd October 1982 — Buying out the owners is catching
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Which of the following most accurately describes the problem?

PETER THOMPSON and his colleagues started something infectious when they floated the scheme to buy the National Freight Co. The management of Sellers and Batty, the ERF and MAN/VW light-vehicle distributor at Hatfield, Herts, has now bought the company from the Lex Service Group.

The name has been changed to S and B Commercials but not because Ronald Holmes, managing director of the new company, believed people would think he was batty to go independent at a time like this.


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