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.
An established import business in the edible nuts and dried fruits industry is available for sale. This expertise ensures that our client meets and exceeds industry standards, providing corporate customers with top-tier products. The company is being...
The well-established shop attracts all year round business from a large customer base. This includes people living locally, day visitors from the surrounding area and those staying in and around the North West tip of the peninsula, as well as interna...
LEASEHOLD
With excellent year-round trade offering market leading products and services from spacious, superbly fitted detached showroom premises on historic coastal town centre High Street.
FREEHOLD
17
|
Jan
|
Management buy-in at historic Welsh engineering firm | MBO/MBI
Family-run engineering, fabrication and machining business A...
17
|
Jan
|
Cardo Group steps up expansion drive with Scottish deal | BUSINESS SALE
Cardo Group has made its first move into Scotland with the a...
17
|
Jan
|
IG Group buys investment platform Freetrade | BUSINESS SALE
Listed firm IG Group Holdings has bought investment platform...
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
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.