Buy-out at MTS Nationwide

By Helen Wright02 August 2016

UK-based Doosan/Bobcat dealer and rental company MTS Nationwide has been acquired by its management.

MTS operates throughout the North of England and Scotland with a 50 strong team and an annual turnover of £8 million (€9.4 million). It is headquartered in Wakefield and has depots at Leigh in Lancashire, Cumbernauld in Lanarkshire and Chester Le Street in County Durham.

The company will now be led by husband and wife Iain and Sarah Black, and Matthew Watson, who will step up into an ownership and executive directorship role as part of the transaction.

The deal will see current managing director, Peter Watson, who has led the growth of the business for the last 22 years, move into the role of chairman for a period of time after completion.

Iain Black, who has now become managing director at MTS, said, “Both Sarah and I are delighted and naturally excited about the future of MTS. Peter and the whole team at MTS have done a superb job over the years and we look forward to growing and developing the business with our existing and new clients.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
New X-series excavator from JCB
Stage V, reduced swing model unveiled by OEM at online press conference 
Ahern Denmark officially open
Grand opening event for Ahern subsidiary, representing Snorkel, Denka Lift and Europolift 
Herc could double fleet spending in 2022
New strategy sees net fleet spending of between $820 million to $1.12 billion in 2022
CONNECT WITH THE TEAM
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail: murray.pollok@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA