esEntrepreneurial and Private Companies
We advised Hydra Group, a Cornish engineering business which supplies companies in the water industry, on its recent MBO.
Mike Foote has stepped down as Managing Director to pursue other projects, yet remains a non-shareholding chairman. He is replaced by David Armstrong.
Based at St Columb, near Truro, Hydra manufactures equipment used in the water industry. It counts all 11 water Plcs in the UK among its customers and was recently awarded the 'Most Dynamic Growth Business Award' as the 10th Annual Cornwall Business Awards.