London-based LSG has invested more than 拢500,000 into Darlington-based MSD Cranes as part of a refinancing of the company. MSD hopes to use the funds to help grow annual turnover from 拢2m to 拢5m by 2015.
LSG founder and CEO Patrick Leoni Sceti becomes finance director of MSD.
In February 2010 LSG took a minority stake in Wakefield-based access hire company Lifterz, with Mr Leoni Sceti becoming finance director there also.
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