The management buyout of Silverline Office Equipment has been completed. The Senior Management Team (SMT) is now the legal owners of the of UK office furniture manufacturer. Silverline is now set to launch a new corporate brand to compliment the new phase in the company’s future.

 

Chief Executive Adrian Cowley said: “We, as individuals and as a group have invested our future in Silverline, and our beliefs in the value of Silverline.  We are a committed and determined team and we promise the market great things over the coming months and years.”

 

Silverline achieved a 300% rise in profits year on year with a  gross turnover of £15 million in 2007. It aims to increase this to £25 million over the next five years and is on target to achieve a 15% increase in 2008.