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 offers an online retail service for a wide and varying range of branded homeware, giftware and beauty items of exceptional quality. They specialise in selling British and European brands throughout the world. This is an ideal business op...
FREEHOLD
The company specialises in domestic and industrial garden machinery, cleaning equipment, spares and parts. Products include, pressure washers, vacuum cleaners, hedge trimmers and heaters. Benefits from a strong presence on various e-commerce platform...
LEASEHOLD
Tastefully organised business premises with a selection of showrooms on ground floor level together with a spacious office. Below are storerooms with a strongroom, toilet and kitchenette. The warehouse is close by and is well racked and fitted out. O...
LEASEHOLD
|
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...
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