Familiar names head Kettlewell Fuels after management buyout
NORTH YORKSHIRE-BASED fuel oil supplier Kettlewell Fuels has completed a management buyout by its senior leadership team.
Managed by Janet and Trevor Kettlewell since 1996, the MBO sees the husband and wife team takes ownership of the business outright from the Kettlewell family, which also owns other family businesses.
Mrs Kettlewell retains responsibility for the operational and customer service side of the business, while Mr Kettlewell will carry on managing the fleet and delivery logistics.
The pair will also be joined on the board of directors by John Skinner, a finance director and company secretary for 15 years at one of Yorkshire’s leading estate agents, having experience also in the healthcare, packaging and banking sectors.
The new team insisted it would remain business as usual for customers.
Advisory assistance was provided by law firm Schofield Sweeney and accountants Saffery Champness, with completion taking place at a safe social distance in line with Government guidance.
Mrs Kettlewell said: “It’s another step forward in Kettlewell Fuels’ 33-year history.
“Kettlewell Fuels is more than just a business to us.
“Taking sole control means we will be in a position to focus our energies on offering our customers a service that suits their changing needs whilst ensuring they continue to receive the outstanding level of service that has enabled us to grow the business,” she added.