Fri, 08 Sep 2023 | BUSINESS SALE
Investment firm Milbank Group has continued its M&A-led diversification with the acquisition of a livestock housing and comfort specialist. The acquisition of Northamptonshire-based Intershape Ltd is Milbank Group’s eighth takeover as it continues to use M&A to build a diverse portfolio of companies.
Colchester-based Milbank seeks to grow both organically and through bolt-on acquisitions. It targets market leaders with a focus on service and product quality and, once it has acquired a company, seeks to improve the business’ environmental and community impact.
Intershape, which has been operating for more than 30 years, provides farmers and rural businesses with equipment designed to improve the comfort and performance of cows, calves and horses. It sells products, mainly sourced from Europe and North America, via its warehouse and HQ in Daventry.
Post-acquisition, the firm will continue to operate as an independent business, but is expected to deliver significant synergies with Silostop Agri, another agricultural business in the Milbank Group. Intershape is intended to eventually join Silostop Agri’s range of agricultural solutions, introducing new opportunities to offer its products to new and existing markets.
Silostop Agri Managing Director Tim Brewer, who will take on the operation of Intershape with immediate effect, commented: “The addition of Intershape to our Team is a really exciting opportunity for us. Their range of products and expertise are well recognised in the industry, and we look forward to working together and gaining more knowledge about the offering.”
Read about 2023's major M&A trends
The business has been under our client ownership since 2020. During that time, the business has built up an excellent reputation and loyal customer base. As seen by the online ratings and reviews, the business is extremely popular within the local ar...
LEASEHOLD
This self drive van hire business started 35 years ago. approx 40 vehicle fleet from small vans to 7.5 tonne, massive scope for expansion, a lot of repeat business.
A multi facet sign writing and tool business located in West Midlands for further scope for expansion.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.