DSF Refractories & Minerals has a new owner.
A management buyout of the Friden, UK-based company took place on December 19 last year.
The new ownership team, led by Paul Hutchinson, acquired the total shareholding of the group.
The main shareholders of DSF, Geoffrey Bell (Chairman) and Neale Parkin (Managing Director), have stepped down from their roles in the business following the acquisition of their shares.
DSF would like to place on record its thanks to Geoff and Neale for their many years of service to the company and wish them the very best for the future.
Paul Hutchinson has become Managing Director, with the remaining Board making up the new ownership team.
Former managing director Neale Parkin, has now retired.
He joined DSF in 1982 from Steetley Refractories as a Senior Technologist and worked his way up in the company holding positions including Operations Director and Sales Director.
In 2003, following a management buyout of the business, Neale became Managing Director and has held that position until this week.
DSF said it thanked Neale for his service to the company and wished him the best of luck for a happy and fulfilling retirement.
DSF is the largest shaped refractory manufacturer in the UK, and is recognised as one of the world's leading suppliers of bonded refractories for the glass industry.
