The joinery specialist was established by James Taylor in 1981 and employs a workforce of greater than 200.
Taylor stated: “After constructing TMJ for the previous 4 a long time, I’m happy the corporate legacy will proceed.
“That is an thrilling alternative for the administration group and I sit up for supporting them as they navigate by means of this evolution”
The MBO was led by administrators Tim Coll, Sarah Warren and Kevin Pryke.
Coll will now transfer into the function of Managing Director beneath the steering of Taylor as Chairman.
Coll stated: “Our aim is to construct on the robust basis laid out by James Taylor. We’re excited to boost our providers and proceed investing in our proficient group, making certain we stay on the forefront of the trade.”
Newest accounts for TMJ for the yr to December 31 2023 present a turnover of £36.8m producing a pre-tax revenue of £2.1m.
