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.
Affluent trading area for the business. Demand in place to undertake servicing. Jobs booked in up to 6 months in advance. This is a retirement sale. Offers invited.
Popular fish and chip shop in busy West London area (W5). Highly populated area of Ealing. Trading has taken place here since 1996. Offers invited.
Established since 1986. Parking available directly outside. Exclusive Designer brands in stock. Offers invited.
Filtermist International, an air extraction and filtration s...
A caravan manufacturing business in Preston is on the lookou...
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