31 July 1998
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