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Thu November 21 2019

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MBO at PPE

12 Sep 17 The management team at a Lancashire construction company Platinum Projects Europe Ltd (PPE) has taken over full ownership of the business.

Craig Fairfield, David Chinejani, Chris Greenall and Ali Nazeri
Craig Fairfield, David Chinejani, Chris Greenall and Ali Nazeri

The management buyout team is a partnership of commercial director David Chinejani and construction director Craig Fairfield, who were both previously minor shareholders.

Ali Nazeri, previously the majority owner, will take the role of non-executive chairman. They will also be joined on the board by director Chris Greenall.

PPE employs 22 staff at its headquarters in Leigh. Clients include retailers Morrisons and Lidl.

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