Pauline McKeating takes full control of MBNI Holdings

Staff
By Staff
4 Min Read

MBNI Holdings, parent company of MB Truck & Van and Rossetts, has officially completed its transition to full ownership under Pauline McKeating.

With operations spanning Northern Ireland and the south of England, MBNI Holdings today employs over 300 staff and generates an annual turnover exceeding £90 million.

McKeating, who has been with the company for more than 25 years, has played a key role in its expansion and success. Having initially joined as an assistant accountant, she rose through the ranks to become finance director and later chief executive. In 2023, she secured majority ownership, paving the way for this latest development.

MBNI Holdings, parent company of MB Truck & Van and Rossetts, has officially completed its transition to full ownership under Pauline McKeating.

With operations spanning Northern Ireland and the south of England, MBNI Holdings today employs over 300 staff and generates an annual turnover exceeding £90 million.

McKeating, who has been with the company for more than 25 years, has played a key role in its expansion and success. Having initially joined as an assistant accountant, she rose through the ranks to become finance director and later chief executive. In 2023, she secured majority ownership, paving the way for this latest development.

Her leadership has driven significant growth for the company, including the launch of a £6m aftersales facility in Dungannon in October 2023.

“This is an incredibly proud moment for me,” said McKeating. “My journey with the company began 25 years ago in 2000, when I joined what was then Agnew Commercials as an assistant accountant.

“Over the years, I have had the privilege of growing with the business, and in 2020, I became a minority shareholder through a Management Buy-In. By 2023, I had acquired majority ownership, and today, I am thrilled to take full ownership of MBNI Holdings.”

The transition has been carefully coordinated with advisor Neil McKibbin, whose industry expertise, McKeating said, had played a crucial role in the company’s achievements.

McKeating expressed her gratitude, stating: “Neil’s unwavering commitment has played a pivotal role in shaping the strong foundation upon which our business stands today. I want to extend my sincere gratitude to him for his trust, mentorship, and dedication over the years.”

She reassured employees and stakeholders that while ownership has changed, the company’s core mission remains the same.

“While ownership has changed, our mission remains steadfast – to deliver industry-leading service and to build on the incredible success we have achieved together. Our team is our greatest asset, and I am deeply grateful for their hard work, dedication, and passion. This is an exciting new chapter, and I look forward to leading MBNI Holdings into a bright future.”

Login to continue reading

Or register with AM-online to keep up to date with the latest UK automotive retail industry news and insight.

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *