Nationally the Private Equity sector is picking off the best of UK businesses in a search for income and capital gain.
GKN is a good example.
The UK is cheap.
We in Dorset might believe it’s not happening here, but it is.
Many will remember Hamworthy Engineering employing hundreds of local people.
Sold to a Japanese Venture Capital group.
Lady Cobham stood alone against the sale of Cobham PLC when US, Advent International took it over.
Currently Bain Private Equity is looking to take charge of LV.
Who might be next?
Companies like these are the cornerstone of an already fragile Dorset economy.
The value they bring to the county is priceless. It is lost when overseas predators take them over.
Why is “someone” not doing something? But then who is “someone”.
Tony Williams
Wessex Entrepreneurs
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