Calendar company buys counterpart out of administration

Fri, 02 Jun 2017 | ADMINISTRATION

Rose Calendars, a family run company in Essex which makes and supplies promotional calendars, has bought a Bristol counterpart out of administration for an undisclosed sum.

The deal was officially completed on 26 May, three days after Andrew Beckingham and Siann Huntley of law firm Leonard Curtis, Bristol, were appointed joint administrators.

Colchester-based Rose Calendars was founded in 1908 and produces more than 150 calendar designs a year. It is run by Michael Rose, the fourth generation of the Rose family in the business.

A statement from Rose said: "This acquisition is a positive development for the industry with a well-established company purchasing a strong brand. The market opportunity to further diversify the business means that the long-standing trade and business of the Brunel brand will continue to flourish under the new ownership and provide stability in the market.

"This acquisition has arisen as a result of the changing market in which we are operating, and through our on-going strategy to diversify and grow the business. It also comes at a time when Brunel have expanded their offering with enhanced premium covers which will continue to be backed by the investment from Novercal."

Calendars & Diaries will remain in its Bristol premises and retain its full calendar and diary manufacturing facilities. Their operations will continue to be managed on a day-to-day basis by the existing management team, including general manager Susan Tugman, under the direction of Rose Calendars, which "will work alongside the existing team in Bristol to ensure continuity".

Find other wholesalers in administration here.
Subscribe to Business Sale Report here.


Share this article



Latest Businesses for Sale

Recruitment Agency (Fast Sale)
North West, UK

Indicative offers are required by 12:00hours on Monday 20 January 2020 with a view to completion shortly thereafter. The proposed Joint Administrators are seeking parties interested in the business and assets of a Company that trades as a recruitment...

Asking Price: Offers Invited
Turnover: £2,400,000

LEASEHOLD


Commercial Contractor (Fast Sale)
Midlands, UK Wide

Offers and proof of funding sought by 17:00hours on Friday 24 January 2020. The Joint Administrators are seeking parties interested in the business and assets of a commercial contractor business based in the Midlands.

Asking Price: Offers Invited
Turnover: £3,400,000

Hospitality Industry Recruitment Specialist
UK Wide

Provides highly skilled and professional hospitality staff across a variety of sectors. Recognised as both a preferred and top tier supplier for several of its prestigious clients. Supplying both temporary and permanent Nationwide staffing solutions....

Asking Price: Offers Invited
Turnover: £3,500,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
17
 
Jan
 

Sample book and shade card manufacturer acquired from administration | BUSINESS SALE

The business and assets of Yorkshire-based display products ...

 
16
 
Jan
 

Northgate and Redde shareholders approve merger | MERGER

The proposed merger of listed companies Northgate and Redde ...

 
15
 
Jan
 

SSE sells retail business to OVO Energy | DIVISION SALE

Power utility SSE has announced it has completed the sale of...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources