Future of historic footwear firm secured after plans for management buy-out announced

Latest News - Future of historic footwear firm secured after plans for management buy-out announced

The future of Norwich’s last remaining shoe manufacturer is set to be secured, with the news that outline agreement has been reached for the company to be bought by its management. The Florida Group’s management team, led by managing director Tony Linford, has agreed terms for the buy-out with chairman Simon Goodman and family, which has owned the company since it was founded by Mr Goodman’s grandfather Adelman Goodman in the early 1900s. Mr Goodman will step down as chairman,…

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