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Channel 4's Secret Millionaire
Earlier this year, Dawn went underground as Channel 4's Secret Millionaire
Dawn Gibbins announces sale of Flowcrete to US Firm
Flowcrete Group plc, the flooring manufacturer chaired by Dawn Gibbins MBE, has been sold.
The company, which has its headquarters in Sandbach, Cheshire, has been bought for an undisclosed sum by American-based RPM International Inc, which is listed on the New York Stock Exchange.
Dawn has helped build Flowcrete up to a multi-million pound international brand after starting the business up in 1982 with her late father, Peter.
Today the business is a truly global concern, with 30 offices worldwide and 12 manufacturing plants globally.
“For several months, we have been looking at ways to raise funds for the group, which would give it the financial muscle to make further acquisitions.”
Flowcrete will continue to be led by the current managerial team, with Mark Greaves – Dawn’s husband - continuing his role as group managing director.
Mark said: “I will be staying with the business full time, together with the existing management team, with the intention to further grow the business to become the world’s leading specialist flooring company.
“The jobs of all the staff in the UK who currently work for the business are safe and it is likely that we will be employing more staff locally as the business continues to expand.”