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A new chapter for Doree Bonner International

Aug 15, 2017
Kelerbay Limited trading as The Doree Bonner International Group has announced that Mr Amin Amiri, the founder and CEO of his investment vehicle a2e Industries, has completed a substantial investment in Kelerbay.

Geoff Watson and Gordon Lyall, the current joint managing directors, will become joint chief executive officers working full-time in the business as usual and will shortly be appointing a new managing director to further strengthen the management team. They, together with the other key existing executives, will manage the business and implement the company’s strategic plans. It is intended that Doree Bonner International will continue to grow both organically and with a very strong focus on acquisition.  

Mr Amiri will join Geoff and Gordon on the Board of Directors of the company, with specific emphasis on strategy, acquisition, finances and enhancing shareholder value.  

Mr Amiri is a highly successful investor with a 15-year track record of investing in or acquiring industrial companies and significantly enhancing their fortunes. Mr Amiri’s portfolio of investments, which are all managed by a2e, consists of a conglomerate of 16 companies with a combined turnover of around £135 million.  

Amin Amiri said, “We are delighted that Doree Bonner will be a great base for the shared vision and ambitions of Geoff, Gordon and ourselves for this group. We collectively believe that with enhanced services and geographical coverage, the customers will continue to be pleased with our capabilities.”  

A statement issued by Geoff Watson and Gordon Lyall said, “We are very excited about this new inward investment and to be working with Amin and a2e. This is a fantastic opportunity and heralds an exciting future for the Doree Bonner International Group. There is an expansion strategy already in place and this will provide great opportunities for Doree Bonner’s existing senior management and all of our staff presently employed.” 

Photo: Geoff Watson (left) and Gordon Lyall.

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