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Sunday, March 11, 2007

M&M Up For Sale

It is reported today that M&M, kit suppliers and sponsors of Hereford United, are up for sale.

The firm was bought out by ECI Partners for £40million in 2004, with Herefordshire based founders Martin Churchward and Mark Ellis sharing £35million. Both retain a small stake in the firm which is now believed to be worth around £100million.

The Financial Mail reports that accountants Deloitte have been appointed to find a buyer for the company.