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Taylors Peter Selkirk Announces Departure

21 February 2012

Egbert Taylor, manufacturer of steel recycling and waste containers, has announced the forthcoming departure of Peter Selkirk (pictured), formerly CEO and now Chairman

Peter led the Management Buy In, backed by ECI Partners in June 2005 and will be leaving at the end of March.

Last October the company was sold to new investors, led by Sullivan Street Partners and Oakfield Capital Partners, with David Williams, formerly MD becoming CEO.

Peter commented: "I cannot tell you how much I have enjoyed the last seven years. Taylor is a great company in a great industry. Although markets have been tough we have succeeded in making Taylor a real market leader. I am particularly proud to have helped transform Taylor from a UK business to a global one - I am confident Taylor International will be a great success. The transition to new owners and to David's leadership has gone very well so I am delighted to be leaving the company in excellent shape."

On behalf of the company David Williams added: "Under Peter's direction Taylor has transformed itself from a family company into a truly professional business serving both UK and international customers. I am grateful to Peter for his leadership and personal guidance and excited to continue building the Taylor brand as we enter the next phase in our development. All of us at Taylor wish Peter the best in his future endeavours".

Regarding his plans Peter said: "I have spent 30 years leading mid-sized businesses to achieve global leadership positions. The environmental sector is particularly interesting right now all over the world - there is a huge potential for innovative ideas to help solve difficult problems. This is what I love doing so it is very energising to be looking forward to doing it once again somewhere new."

www.taylorbins.co.uk

Darrel Moore