A leading manufacturer of buckets, bins and wheelbarrows has acquired its local rival in a deal that is expected to safeguard dozens of jobs in the Black Country.
H&E Knowles (Lye) Limited has acquired local rival Brettell & Shaw. H&E Knowles was advised by leading Black Country law firm Higgs & Sons.
Higgs & Sons’ David Ellis led the legal team representing the buyer. He said: “We had some tight deadlines to meet in order to complete the transaction whilst addressing employment, property and environmental issues in time. Luckily it was possible to galvanise the teams on both sides in order to meet the deadlines set."
Peter Knowles, Managing Director of H & E Knowles, said the firm now aimed to take advantage of economies of scale: “The acquisition will allow us to offer a larger range of products to our existing customer base which includes a number of major hardware and garden suppliers including B&Q, Homebase and Focus. We also hope to benefit from the considerable goodwill and customer base built up by Brettell & Shaw over many years.”
Brettell & Shaw is a family business established in 1902. The company supplies buckets, bins and other related hardware and garden products to customers across Europe. Both businesses are long established family firms. Peter Knowles’ son Dan is a director of H&E Knowles and John Cartwright, one of Brettell's directors and the grandson of the founder of Brettell & Shaw will be joining H & E Knowles to promote the larger business.
H&E Knowles (Lye) Limited has acquired local rival Brettell & Shaw. H&E Knowles was advised by leading Black Country law firm Higgs & Sons.
Higgs & Sons’ David Ellis led the legal team representing the buyer. He said: “We had some tight deadlines to meet in order to complete the transaction whilst addressing employment, property and environmental issues in time. Luckily it was possible to galvanise the teams on both sides in order to meet the deadlines set."
Peter Knowles, Managing Director of H & E Knowles, said the firm now aimed to take advantage of economies of scale: “The acquisition will allow us to offer a larger range of products to our existing customer base which includes a number of major hardware and garden suppliers including B&Q, Homebase and Focus. We also hope to benefit from the considerable goodwill and customer base built up by Brettell & Shaw over many years.”
Brettell & Shaw is a family business established in 1902. The company supplies buckets, bins and other related hardware and garden products to customers across Europe. Both businesses are long established family firms. Peter Knowles’ son Dan is a director of H&E Knowles and John Cartwright, one of Brettell's directors and the grandson of the founder of Brettell & Shaw will be joining H & E Knowles to promote the larger business.
Higgs will be on the move in 2010, with the firm announcing a £1.5 million investment in new premises at Brierley Hill's Waterfront.
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