12 February 2010
Terry Sands completes Samurai MBO
Terry Sands has successfully completed a management buy out of Samurai Sportswear.
Sands, who created the Samurai Sportswear brand, heads up the new structure alongside Chris Lawrence, who joins as finance director, and Richard Brand, who becomes sales director.
Says Sands: "The Samurai brand has been going from strength to strength over the last few years, and our move into the multisport teamwear sector has been really well received.
"I am delighted to be back at the helm of a company that I have been passionate about from its very creation, and it’s a very exciting time for the brand and company.”
Samurai supplies the Wales rugby league team, union clubs Doncaster Knights and Rotherham Titans, and many semi-professional, amateur and junior clubs. Samurai has also been very successful in the school sportswear market.
The brand has its own production facilities in China, has expanded into cricket with supply deals with Kent and Glamorgan and recently launched a retail range of sportswear.
Sands, 53 and from Essex, has had a long relationship with sport, and rugby in particular. He was a county rugby player, managed the England A team at the Churchill Cup and was England Sevens manager at the Commonwealth Games in Melbourne.
In 1996 Sands started the Samurai International Sevens team, one of the leading invitational sides on the invitational circuit.