The senior management team of one of the region’s largest office supply companies has successfully completed a buyout of the business.

Mayday Office Equipment Services, based in Norwich, has been taken over by Operations Director Karen Aldred, Commercial Director Jamie Mulhall and Sales Director Adam Northcut.

Leading East Anglian corporate finance and accountancy firm Larking Gowen helped with the successful buyout of majority shareholder and former Managing Director Graham Cassie.

Karen Aldred, who becomes the new MD, said that in the past the company had been approached by large national groups for takeover but had always managed to remain in the control of the people running the business.

“We see ourselves as a local company providing the best possible service we can for other local businesses. We know our clients well and they know us. We’re very proud to keep the business running with the same level of localised personal service”, she said.

Mayday supplies photocopiers, printers and other office equipment to businesses in Norfolk, Suffolk and parts of Cambridgeshire. The company also offers IT support which is a growing sector within the business.

Mayday was established on 1st May 1979, hence the name.

For more information call: 01603 481995.

Mayday “Keeps it Local” in Management Buyout

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