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C-Mac Trade Sale Announcement

Posted by Aaron Chen on

business-for-saleAs many of you know C-Mac has been trying to sell the business to staff over the last 4yrs utilizing an ESOP (Employee Share Ownership Plan) unfortunately, this has not progressed due to the slowness of the economy and the ability to transfer profits into the ESOP. An outright purchase was offered to staff but unfortunately a decision was made recently (by staff) that it was beyond their means and they could not proceed with the buyout.
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