Management buyout at Purex International

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Rotherham UK-based Purex International specialises in fume extraction systems, including filters.

“Purex provides fume extraction solutions to meet applications in a number of industries, one of which is the coding and marking business of the Domino Group. Following a strategic review of options, the Domino board decided that Purex would be better placed to drive expansion in its chosen markets as a business that was independent of the group,” explained Nigel Bond, CEO of Domino.

“A range of options was considered but the management proposal to acquire the company was the most compelling and offered Domino the best solution.”

Purex International has been a part of the Domino Group since 2004.

Trefor Jones, the new managing director of Purex International, said: “We are excited by the opportunity to focus the business on developing new markets and applications and our plans include further investment in new products.”