3C buys back shares from Aquila

3C buys back shares from Aquila

The management of 3C Consultants has bought back the 25% shareholding held by Aquila Services, since 2018.

3C has paid a cash consideration equivalent to Aquila’s original cost of investment plus 15%.

Although the relationship with Altair, a subsidiary of the Aquila Group has been a beneficial one, there have been significant changes in the senior management team of both Altair and Aquila. As a result, 3C has decided to buy back Aquila’s 25% shareholding, 3C is now fully owned by Colin Sales, Claire Bayliss and Charles Brooks.

“I see this as a hugely positive step for us and reinforces the confidence that we have in the future.” said 3C CEO Colin Sales.

Should you want to discuss any points in the article and/or see how 3C can empower, engage or transform your organisation, please don’t hesitate to contact us on 0333 900 3003 or email info@3cconsultants.co.uk

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