Jelf takes control of Goss Group
Bristol-based intermediary Jelf has kicked off an aggressive acquisition programme for 2006 with the...
Bristol-based intermediary Jelf has kicked off an aggressive acquisition programme for 2006 with the purchase of Reading-based Goss Group for an initial outlay of £6.25m in cash and shares. Twenty other deals are said to be in play.
Michael King, 60, the chairman of Goss Group, becomes vice-chairman of Jelf and is now the largest stakeholder in the Bristol-based firm with 12% of the shares. Meanwhile, Michael Herd, managing director of Goss's financial services division, and Jeremy Wilson, Goss's
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