Brintons 'making progress' a year on from takeover (From Kidderminster Shuttle)
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Brintons 'making progress' a year on from takeover
7:50am Thursday 6th September 2012 in News
By William Tomaney
KIDDERMINSTER’S Brintons Carpets is in a “much improved position” 12 months on from its acquisition by the Carlyle Group, according to its managing director.
Don Coates said the company made a profit during nine of the 11 months traded since the take over.
He said: “It’s not yet where I want it to be but certainly constitutes a turnaround for a business that had been loss making.
“I’m delighted with the progress. I have a great team of people in Kidderminster and we plan to take the business from strength to strength.”