Fieldens expected to rise and rise
TWO former Hanson directors who played a part in the development of the industrial conglomerate have carried out a reverse takeover of an agricultural equipment company listed on the Alternative Investment Market.
Derek Bonham and Andrew Ahrends are buying 29.9% of Fieldens, which was valued at just £1.4 million before the deal was announced.
The plan is to apply for a full market listing, and build a “significant industrial group” via a programme of acquisitions.
The Independent 31/07/98 page 17
- Financial Times 31/07/98 page 46 (Smaller companies)
- The Daily Telegraph 31/07/98 page 33