Discount retailer Poundland is celebrating an award for The Buyout Track 100 Best Management Team. This is the second award they have won in as many weeks, after winning a Fresh PR Award for its corporate PR.
Chairman Colin Smith, finance director Nick Hateley and retail director Tim McDonnell collected the accolade on behalf of the Poundland team at the Jumeirah Carlton Tower Hotel in central London, which was presented to them by Mansur Khawar from Skillcapital.
Over the past two years Poundland’s management team has doubled profits to over £30m EBITDA and last year led the reported £200m buyout by Warburg Pincus. These two key successes were the reason for the award.
Jim McCarthy, Poundland’s CEO, said: “It has been another great year for Poundland and we’re proud and thrilled to receive this industry recognition for our success, as the award highlights the dedication and commitment of the entire team across all areas of the business.”
Source: Poundland
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