Rugby wins B&P

The Rugby Group said this week that it had bought joinery maker Boulton & Paul (Holdings) for the deferred sum of £15.5m from Schroder Ventures. This payment is dependent on future profits from the combined joinery businesses of B&P and Rugby’s own operation, John Carr.

The Rugby Group said this week that it had bought joinery maker Boulton & Paul (Holdings) for the deferred sum of £15.5m from Schroder Ventures. This payment is dependent on future profits from the combined joinery businesses of B&P and Rugby’s own operation, John Carr.