SHROPSHIRE, England (Aug. 19)—Rapra Technology Ltd. completed a management buyout of its business effective Aug. 1, placing the firm in the hands of a new management team, headed by Managing Director Andrew Ward. Rapra said the buyout will free up new funding for its polymer research operation and renew the firm's commitment to the sector. "Our MBO is good news for the company and good news for the plastics and rubber sector who can continue to rely on Rapra as the polymers-dedicated testing and research facility, here to answer needs—large and small," Ward said.
Rapra completes management buyout
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