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2019

14th Aug 2019

AFI Group

Rutland Partners is pleased to announce that on 13 August 2019 it agreed and completed the sale of AFI Group (‘AFI”) to its existing management team led by CEO, David McNicholas, and Chairman, David Shipman.

At the same time AFI has acquired Facelift, a long-established powered access rental business with a strong heritage in the truck mounted platform market. The combined deal represents a value of c.£160m and has delivered a successful exit for Rutland.

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