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.
Offers several thousand products, including a number of own-brand items, with highly competitive pricing. Supplies products for hundreds of thousands of customers, receiving a multitude of positive reviews online. Utilises several extensively develop...
FREEHOLD
Installs, refurbishes and maintains indoor and outdoor swimming pools, alongside selling a wide range of hot tubs, swim spas, saunas and related accessories. Caters predominantly to domestic customers.
FREEHOLD
The company specialises in domestic and industrial garden machinery, cleaning equipment, spares and parts. Products include, pressure washers, vacuum cleaners, hedge trimmers, strimmers and heaters.
LEASEHOLD
03
|
Mar
|
Spring Budget 2021: The M&A Outlook | BUSINESS NEWS
Chancellor Rishi Sunak has today delivered his long-awaited ...
03
|
Mar
|
Fazenda restaurant group acquired from administrators in pre-pack deal | BUSINESS SALE
The Yorkshire-based Fazenda restaurant chain has been acquir...
02
|
Mar
|
Recruitment consultancy On-Site Group acquires financial services firm | BUSINESS SALE
Specialist recruitment consultancy On-Site Group has complet...
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