17th October 2008
Clayton, Dubilier and Rice, (CD&R) a global private equity firm with a strategy of building and growing the businesses in which it invests, has today (17 October 2008) finalised the purchase of the Bodycote Testing Group from Bodycote plc, and appointed Grant Rumbles as Chief Executive Officer.
Grant Rumbles joins from international services company, Serco plc, where he was the Group Chief Operating Officer.
On his appointment, Grant commented:
”My aim will be to build on Bodycote Testing Group’s successful history to develop a respected, highly efficient organisation, which delivers outstanding customer care. This will allow the business to achieve exceptional growth, providing new opportunities for staff and better services for our customers as well as enhancing the communities in which we work and delivering excellent returns to our shareholders”.
Note to Editors
An experienced and respected company, CD&R has a reputation for building stronger profitable businesses through investment including well known companies such as Rexel Group; Hertz, Sally Beauty and The Service Master Company.
http://www.cdr-inc.com/
Bodycote Testing Group is a worldwide testing and advisory organisation in the fields of aerospace, energy, oil and gas, transportation, fire, pharmaceutical, food and consumer products.
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