Sat, 03 Nov 2018 | MBO/MBI
Yorkshire-based Langlands Garden Centre has been acquired by James Ducker for an undisclosed sum. The family-owned business was founded by Ducker’s grandfather, Walter Ducker in 1955 and trades in three sites: York, Leeds and Sheffield.
The deal will see Walter’s son, John, retiring after 54 years in the business and his son, Ian, leaving the business to pursue other interests. James Ducker is now the majority shareholder and his father, Robert Ducker, will also retain a shareholding.
James Ducker said: "After almost 30 years in the business I can honestly say that I love coming into work every day, and this is down to our amazing team and loyal customer base.
"For customers it will be business as usual. Looking forward I'm keen to maximise our nurseries potential and develop the food offering across the business, with more of a 'field to fork' focus. I know that with the team's long-standing industry experience and expertise, customers will continue to benefit from the same high standards of service and support that we have endeavoured to provide throughout our 63-year history."
James Ducker was advised by Steve Hubbard and James Atkinson from RSM’s corporate finance team.
Steve Hubbard, corporate finance partner at RSM, said: "Langlands is an ambitious regional business with a loyal customer base and huge potential to respond to the growing opportunity in the market. We're delighted to have supported a long-standing client to achieve the next phase of growth as the business looks ahead to the future."
With headquarters in Shiptonthorpe, Langlands Garden Centre has a staff of 180 and a turnover of £7.5 million.
For more news about management buyouts (MBO), click here. For all our business listings, click here.
The business sells a great selection of meats, cooked meats, a range of seasoned sausages and burgers all prepared in-house. Revenue is derived from the sale of quality fresh produce, supplied from reputable sources. The business sees a lot of repeat...
LEASEHOLD
The business offers a wide range of quality furniture made from materials such as solid oak, solid pine, Indian hardwood, reclaimed wood, veneers, foils and more. A wide variety of different products are displayed in a traditional and contemporary st...
LEASEHOLD
Fantastic opportunity to acquire, on a freehold basis, this long standing and well respected traditional local butchers. Thomson of Thornton has been family owned for over 50 years and has built an excellent local reputation for quality and service a...
FREEHOLD
|
15
|
|
Nov
|
Carpetright agrees to shareholder takeover deal | BUSINESS SALE
Carpetright has agreed a deal to be taken over by its larges...
|
14
|
|
Nov
|
Scale manufacturer taken over in MBO | MBO/MBI
Weighing scale manufacturer Marsden Weighing Group has been ...
|
13
|
|
Nov
|
Brighton energy firm appoints administrators | ADMINISTRATION
Brighton-based utilities company Toto Energy has gone into a...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources