Blackcircles considers investment options

Sir Terry Leahy and Mike Welch The £50 million sale of Blackcircles will have generated a significant windfall for the firm’s founder (Mike Welch, left) and key share holder of around 25 per cent (Sir Terry Leahy, right). Some of the money has been put into the establishment of the Welch Trust, which focuses on children’s causes.

Following the news that opened its fourth PitStop Click&Fit tyre bay in Glasgow at the end of June, Tyres & Accessories spoke with the company’s founder and managing director Mike Welch in order to find out more about the company’s plans and hints that it is courting investment this year.

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