A Cannock based removal company is back in local ownership following a management buyout from its holding company.

John Lomas Removals has been a recognised name within the Midlands for over twenty years, but it has been in the ownership of Edinburgh based Clockwork Holdings Group since 2007.

The recently completed MBO led by Rob Horrobin has seen the company, situated in Ridings Park off Eastern Way in Cannock, become independent once again.

Rob Horrobin has worked for the company for over thirteen years having started as a Removals Operative in 1998.  Over that time he progressed up the ranks and into management, and at the time of the MBO Rob was the Branch Manager at Cannock.

Now Managing Director, Rob Horrobin commented: “As a management team we are excited about the growth prospects for the business.  John Lomas Removals already has a strong presence within the midlands, but we are not going to rest on our laurels as we have ambitious plans to grow the business over the years to come.” 

Legal advice was provided by Lichfield and Cannock law firm Ansons, with Corporate Solicitor Jas Singh being lead advisor to the MBO team.

 “The majority of company sales which I act for tend to be where a large national or multinational company buys a smaller independent, so to have advised Rob and his MBO team was very rewarding.   This MBO has allowed the previous owners to hand the business over to an experienced team who know the company and market very well,” commented Mr Singh.