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Business Sale Acquisitions News in the Wholesale And Distribution sector
Wed, 07 Feb 2007:
Murray Metals has acquired Newton Steel Stock, the Somerset-based steel company with about 100 staff, for about £25m....
[more: Newton Steel Stock ]
Thu, 18 Jan 2007:
Woolworths is to acquire Bertram, the Norwich-based book distributor, for about £29m, in order to expand its Entertainment UK wholesaling subsid...
[more: Bertram Group Limited]
Mon, 15 Jan 2007:
Redbridge Holdings, the Peterborough-based fresh produce company with 668 staff, has been acquired by Total Produce for up to £12m....
[more: Redbridge Holdings]
Mon, 06 Nov 2006:
Archimedes Pharma has acquired Link Pharmaceuticals of Horsham, West Sussex, for almost £25m. Link is a profitable business which is on track to...
[more: Link Pharmaceuticals]
Tue, 31 Oct 2006:
The Airdrie-based whisky and spirits company, Inver House Distillers, has recently become a subsidiary of International Beverage Holdings, the interna...
[more: Inver House Distillers]
Thu, 12 Oct 2006:
Wincanton is to acquire RDL Holdings, the provider of supply chain services to the building industry with 350 staff at 38 sites, for £22m. The deal consists of a debt-free initail consideration of £22m which will be followed by a further payment of up to £5m subject to the achievement of financial targets by 31 December 2007. The company has also acquired Bristol based home delivery company Lane for up to £2m, which includes the assumption of around £6m of debt. Graham McFaull, chief executive of Wincanton, commented: “Wincanton has a strong track record of growing both organically and through acquisition. These two businesses enable us to build further on our leading presence in the UK, enter new sectors and expand our service offering. We see continuing opportunities for growth,...
[more: RDL Holdings]
Thu, 12 Oct 2006:
Wincanton is to acquire Lane Group Plc, the Bristol-based home delivery company, for up to £2m plus the assumption of £6m of debt. The acquisition will be financed from existing banking facilities. Lane employs 750 workers at 15 sites across the UK and has a fleet of 330 vehicles. Customers include Bosch, Electrolux, Homebase and Magnet. Wincanton announced the acquisition in conjunction with that of RDL Holdings, the provider of supply chain services to the building industry with 350 staff at 38 sites, for £22m. Graham McFaull, chief executive of Wincanton, commented: “Wincanton has a strong track record of growing both organically and through acquisition. These two businesses enable us to build further on our leading presence in the UK, enter new sectors and expand our service offering. We see continuing opportunities for growth, both orga...
[more: Lane Group ]
Tue, 03 Oct 2006:
Macfarlane Group is to acquire Bloomfield Supplies, the Gloucester-based packaging distributor with 22 staff, for up to £2m. Glasgow-based Macfa...
[more: Bloomfield Supplies]
Wed, 20 Sep 2006:
Corsie Group has acquired Kaloss International, the supplier of health and beauty products, for £0.4m, and will relocate the business from Chest...
[more: Kasloss International]
Tue, 12 Sep 2006:
Heywood Williams is to acquire Carlisle Brass Group, the architectural hardware distributor with sites in Carlisle, Blackburn and Preston, for £48m. Established in 1986 by current Group Managing Director Robin Graham, the group employs 130 staff and its brands include Carlisle Brass, Eurospec, Eurolite, Sterling Hardware, Finger Tip Design, de’Leau and Ludlow Foundries. As part of the deal, Robin Williams will own a 7.51 per cent stake in Heywood Williams and he will remain with Carlisle Brass as full-time C...
[more: Carlisle Brass Group]
Thu, 17 Aug 2006:
AT Communications has acquired Rocom, the telecoms equipment supplier with offices in Wetherby, London and Manchester, for £17.6m in cash. Rocom serves the corporate, re-seller and distribution markets and has 30,000 customers including Lloyds TSB, Sainsburys, Comet, Amazon, Telewest and HP. It has nearly 200 employees. The deal will be financed through a new arrangement with Barclays Bank and a vendor placing of 7,291,667 new ordinary shares at 48 pence per share with certain institutional investors. Rocom will continue to trade under its own name. AT Communications chief executive Alex Tupman commented: "We believe that Rocom will help to accelerate the growth of the combined group through cross-selling opportunities based on a wider and complementary suite of products and by extending our industry part...
[more: Rocom]
Wed, 09 Aug 2006:
Wynnstay Group has acquired Glasson Group, the Lancaster-based distributor of animal feed materials, for £2.5m. The deal consists of £2m t...
[more: Glasson Group]
Mon, 10 Jul 2006:
DCC has acquired Carlton Fuels, the Merseyside-based oil distribution company with 118 staff for up to £15m excluding debt. The deal comprises a...
[more: Carlton Fuels]
Wed, 05 Jul 2006:
Office2Office has acquired Alpha Office, the East Grinstead-based office products supplier, for £2.35m. The amount includes repayment of existin...
[more: Alpha Office]
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