A management buyout of DSF Refractories & Minerals took place on December 19. 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 will step up to become Managing Director, with the remaining Board making up the new ownership team.
DSF Refractories and Minerals Ltd is an independent refractory manufacturer and processor of refractory minerals, based in Friden, in the Peak District of Derbyshire, in the centre of England. The company is a leading producer of high alumina refractory bricks and blocks in standard sizes and special shapes and has a complete range of products based on mullite, andalusite, chamotte, bauxite, spinel and pure alumina. Shapes are produced by both pressing and casting techniques and products are high temperature fired to give optimum properties in service.
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.