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Dawn sells Flowcrete for
has led Sandbach based Flowcrete's expansion through acquisition and organic growth into a multinational enterprise with 30 offices and 12 factories worldwide. Sales last year rose 24 per cent on 2006 and profits increased by 500,000 to 3m.
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Dawn, 49, who established Flowcrete with her late father, Peter, in 1982, now plans to fulfil her ambition of creating a social enterprise which promotes Feng Shui, and to launch a domestic flooring business called BarefootAs chairman, she Air Max 90 Black And Blue
She had a 54 per cent stake in the business.
Greater Manchester Business Week is the region's number one provider of business news andfeatures, targeting a bespoke business audience with 12,687 copies every Thursday.
Dawn, who received an MBE in 1994 for services to industry and won a national business woman of the year award in 2004, said today: "Flowcrete has been a central part of my life for 25 years, but I am glad it is being transferred into the ownership of such an entrepreneurial company as RPM, under a deal that gives the company a platform for growth, stability and success.
"Flowcrete is a strong global franchise with an excellent team of people, which is committed to providing its customers with world class flooring products and solutions."
Mr Greaves is staying on under RPM International. Frank Sullivan, chief executive of RPM, praised Mr Greaves' vision and entrepreneurship and said: "In this Nike Air Max 90 Mens Blue fast growing and highly fragmented market, service and reputation are critical to long term growth.
Mr Greaves, 45, said he had a brief to seek aggressive' growth, adding: "The jobs of the staff who currently work for the business are safe, and it is likely that we will be employing more locally and internationally as the business continues to expand."
Flowcrete supplies flooring for airports, hotels, shopping centres, factories, schools, sports and concert venues such as Wembley Arena, the O2 Stadium and Ascot Racecourse, as well as the US space centre NASA. It has 350 staff worldwide: RPM International said today all jobs were safe.
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Her husband Mark Greaves, Flowcrete's managing director, had 30 per cent and the rest was held by management, including the firm's first employee Gary Sargeant, the operations director.
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"For several months, we have been looking at ways to raise funds for the group, which would give it the financial muscle to make further acquisitions."
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