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19/01/2017
Amiri Construction Completes Group Reorganisation
Amiri Construction has successfully restructured the Group to introduce a new shareholding and management team.
Southampton lawyers at Clarke Willmott LLP advised the company on delivering the succession planning deal, which created a structure to enable the introduction of management shareholders, and the ongoing operation of the business with the continuing executive team.
Under the new terms, Business Development Director Mark Vincent Pre-construction Director Dave Lyster, Senior Estimator Andy Corry, Commercial Manager Dave Moore and Operations Director Martin Tidby all become shareholders.
Grahame Pettit, founder of Amiri Construction along with Kevin Lendon, said: "We are delighted to welcome five new shareholders to the company to help ensure continued prosperity in the years to come. This is an important development within Amiri and I am confident that existing and future clients will benefit from the structural changes we have made to the business
Richard Swain of Clarke Willmott said: "This was a great transaction to work on and we're pleased to have assisted Amiri Construction in a deal which will inevitably allow the business to thrive in the future. The deal means key members of staff have a greater role within the business and will deliver a gradual transition of leadership."
(LM/MH)
Southampton lawyers at Clarke Willmott LLP advised the company on delivering the succession planning deal, which created a structure to enable the introduction of management shareholders, and the ongoing operation of the business with the continuing executive team.
Under the new terms, Business Development Director Mark Vincent Pre-construction Director Dave Lyster, Senior Estimator Andy Corry, Commercial Manager Dave Moore and Operations Director Martin Tidby all become shareholders.
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Grahame Pettit, founder of Amiri Construction along with Kevin Lendon, said: "We are delighted to welcome five new shareholders to the company to help ensure continued prosperity in the years to come. This is an important development within Amiri and I am confident that existing and future clients will benefit from the structural changes we have made to the business
Richard Swain of Clarke Willmott said: "This was a great transaction to work on and we're pleased to have assisted Amiri Construction in a deal which will inevitably allow the business to thrive in the future. The deal means key members of staff have a greater role within the business and will deliver a gradual transition of leadership."
(LM/MH)
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