Disposal of workwear and hygiene supplies distributor.
JULY 2010
TURNOVER: £250k
BUYER: Esco Refresh Ltd.
Selling Private Companies were asked to dispose of this non-core division of a local manufacturing company. We utilised our network of contacts in the industrial and office supplies market and quickly received an offer from nearby distributor Esco Refresh Ltd. The buyer acquired the trade and working capital of the business as an asset purchase from the holding company. The sellers invested the proceeds in the further expansion of their core business.
- Date:Jul 2010