Scottish Daily Mail

They backed Brussels ... then got their gongs

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The buyout king

Damon Buffini, who receives a knighthood, is a former private equity chief worth an estimated £100million. He is believed to have donated £10,000 to Britain Stronger In Europe.

Known in financial circles as a ‘buyout king’, Mr Buffini, 54, led Permira to huge growth over nearly three decades, but the firm was accused of indulging in ‘blatant asset-stripping’.

He once made partners at the firm eat hamburgers after they moaned about the quality of food at five-star hotels, according to 2009 reports.

The smoothie tycoon

Millionair­e Richard Reed (CBE), founder the smoothie maker Innocent Drinks, is deputy chairman of the In campaign. He is a vociferous supporter of the EU, often taking to Twitter to denounce the ‘deliberate lies’ of Brexit campaigner­s.

The Ocado founder

Tim Steiner (OBE), founder of the grocery delivery firm Ocado, signed a letter to The Times with 200 other businessme­n claiming the UK could not stand alone from Europe.

He recently set the stage for a huge divorce battle over his £100million fortune after splitting from his wife of 14 years and starting a new relationsh­ip with a 27-year-old Polish model.

Mr Steiner, 4 , cited ‘unreasonab­le behaviour’ as grounds for separating from his wife Belinda, the mother of his four children.

The hedge fund partner

John Armitage (CBE), founding partner of the hedge fund Egerton Capital LLP, gave £15,000 to the In campaign.

Mr Armitage, 55, now manages more than £10billion in assets, and specialise­s in a ‘research-intensive stock picking approach to investing’.

The Scottish engineer

Keith Cochrane (CBE), chief executive of Glasgow-based engineerin­g firm Weir Group, signed the letter in The Times warning against Brexit.

Mr Cochrane, 51, was last in the news when shareholde­rs overwhelmi­ngly vetoed plans that could have seen bosses taking home millions in stock options regardless of how well the company performed.

 ??  ?? Arise: Damon Buffini
Arise: Damon Buffini

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