Sallie Lowe, former finance manager of Macclesfield-based cable manufacturer Autac Products, has bought the business.
Sallie, who joined Autac over 30 years ago, acquired the company with her husband, David.
Following the management buy-in, Sallie and David plan to run the company in line with its current operations.
Located at Bollin Cable Works on London Road, Autac designs and manufactures electrical cables, plugs, coils and retractable coiled cable assemblies.
Founded in 1964, the firm supplies businesses all over the world in a number of sectors, including vehicle manufacturing, defence, aviation, agriculture and chemicals
Sallie said: “I am pleased that our acquisition has been successful. I have worked for Autac Products for over 30 years and am proud that I have been involved in shaping it into the company it is today.
“To own it is a dream come true and whilst it is very much business as usual, we are looking forward to focussing on new opportunities for growth.“
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