Know what you want? Try our 'Supplier Directory' 

Caravell in £9.8m MBO

COMMERCIAL refrigerator distributor Caravell UK, has been the subject of a £9.8m management buy-out out from its Danish parent, Caravell A/S Demark. The purchase includes Caravell UK's 100,000ft2 freehold premises in Buckingham.
The Danish holding company, Anders Brondum has retained a minority 12.5% share in the UK company, with the MBO team - comprising three Caravell UK directors and private investor Nick Mustoe, venture capitalist and chairman of international advertising agency Mustoes - holding the majority of shares.
The three Caravell UK directors involved are chairman Hans Jensen, recently-appointed md John Lougher and financial director Lorne Bowler. The company has also appointed announces ex Lec Refrigeration manufacturing director Kevin Marks as the company's new technical service director. Nick Mustoe joins the new management team as non-executive director.
The MBO was in response to the management's desire to have total independence in its ability to source product to meet the opportunities offered by the UK market.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...


Munters DSS Pro offers the next level of dehumidification

?Munters DSS Pro represents an evolutionary leap forward from the market-leading Munters DSS system, with performance upgrades that make a real difference. It will provide users the right climate more efficiently than ever before....


Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News


6th IIR Conference on Thermophysical Properties and Transfer Processes of Refrigerants
12th International Conference on Compressors and their Systems
GWP>150 ban in sealed systems