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Multi-million-pound management buy-out at Promedics

A three-man management buy-out team has acquired orthopaedics products manufacturer Promedics in what was described as a "multi-million-pound deal" and is moving the company's headquarters from Lancashire to Port Glasgow.

A three-man management buy-out team has acquired orthopaedics products manufacturer Promedics in what was described as a "multi-million-pound deal" and is moving the company's headquarters from Lancashire to Port Glasgow.