Dunedin-backed Weldex appoints new chairman
Weldex, a UK crane hire company backed by private equity firm Dunedin, has appointed Bill Caplan as chairman.
Dunedin backed the GBP55m management buyout (MBO) of Weldex in June 2010.
Until recently, Caplan served as an executive director on the board of Aggreko.
Prior to joining Aggreko, Caplan spent 18 years working for UPS’ international parcels and supply chain solutions divisions.
Nicol Fraser, partner at Dunedin, who sits on the board of Weldex, says: “Bill has a great deal of experience in managing and growing large-scale international operations for privately and publicly held companies and we are very pleased that he has joined the team at Weldex. The company’s focus remains on investing in its fleet of modern cranes to meet continuing customer demand, and we look forward to working with Bill to further strengthen the company’s position as the largest crawler crane hire company in the UK.”
Caplan says: “I am delighted to be joining Weldex at this exciting stage of its development. It is an ambitious business with strong market positions and I look forward to contributing to its ongoing success.”
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