The Corporate team at Farleys have assisted local lighting manufacturer, Tyson Lighting, in making their next move in the company’s progression. Lancashire-based Tyson Lighting, a third generation family firm is now under the control of Managing Director, Andrew Gibson following the successful purchase of remaining shares from the previous owners, Philip, Carol and John Gibson.
With over 50 years’ experience in the lighting industry and a £3m turnover, Tyson Lighting specialises in the design, manufacture, supply and project management of traditional, bespoke and contemporary lighting. Last year alone, it supplied 1,200 lighting projects to customers in the retail, hotel and leisure sectors both in the UK and internationally. Clients include the recent design and lighting specification for Harvey’s Furniture Store, new lighting for the Pizza Hut chain nationwide and some prestigious projects for Greene King, Novus Leisure (including The Windmill Boutique Hotel on Clapham Common), Chiquito, KFC and lighting for TGI Fridays’ restaurants globally.
The deal, headed up by Farleys’ Corporate Partner Debbie King and assisted by Alex Singer, will see the firm continue to operate from its existing 20,000 sq. ft. production and warehouse facility in Blackburn.
Andrew Gibson of Tyson Lighting said:
“Farleys’ incredibly sympathetic whilst professional approach to this MBO allowed me to concentrate on running the business rather than being smothered with the detail. Debbie King has been a pleasure to work with, often working around my difficult schedule, cutting through any unnecessary garb and focussing on what I wanted to achieve.
I am extremely satisfied with the result, as well as the way it was administered and would have no hesitation in recommending Debbie and her team to any small to medium business considering succession planning.”
Commenting, Debbie King said: “We were delighted to be involved and to help Andrew and the team to transfer this successful family business onto the next generation. We wish the company continued success under his leadership.”
For more information on Tyson Lighting, visit tysonlighting.com
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