Airedale reshuffles governance as part of Rubicon’s investment

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Andrew Bristow’s time as Airedale Group non-executive chairman saw the distributor acquire companies including Flowrite.

Airedale Group’s non-executive chairman Andrew Bristow has stepped down from his role at the distributor.

Companies House records show he has departed the company after having joined the firm in 2014. A former Autobar Group chief executive, Bristow’s role as group chairman involved helping to develop the business and brand.

Chairman change is a usual step when a new investor enters the fold, and this happened last year for Airedale, when Rubicon Partners made a significant investment into the business.

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Rubicon Partners is a hands-on investment partnership focused on the acquisition and long-term strategic development of complex industrial businesses in Europe and North America.

As a result of last year’s investment, several minority shareholders, including Rockpool Investments, sold their stake in the Airedale Group.

Bristow was an instrumental figure during a period of growth for the business, during which the distributor acquired South Coast Catering and Flowrite to create a major maintenance proposition with a combined total of over 150 national service technicians.

An Airedale spokesperson detailed that Bristow stepping down “was all planned and agreed when Rubicon invested in May. Andrew has been with us nearly 8 years throughout the period of the Rockpool investment and a great support for the business and the team.”

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Clare Nicholls

The author Clare Nicholls

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