Double pallet acquisition for Scott Group
Scott Pallets, a division of leading industrial supplies organisation, Scott Group www.scottgroupltd.com,
has announced the acquisition of two Manchester-based pallet businesses, Williams Pallet Services Ltd and Specrite Pallets Ltd.
Williams Pallet Services Ltd, which specialises in reconditioned pallets, was sold by joint owners Brian Williams and Tommy Ralph, together with new pallet manufacturer, Specrite Pallets Ltd, which was jointly owned by Brian, Tommy and Billy MacNamara. Williams Pallet Services Ltd has been operating in the Manchester area for a total of thirty years and Specrite Pallets Ltd for the last six years. Both businesses generate a combined turnover in excess of £9 million annually.
Brian, Tommy and Billy, together with seventy employees will remain with the business and be integral to the Scott Group’s plans for growth and investment in the North West.
Alan Gibson, Managing Director at Scott Pallets & Scott Packaging said: “We’re delighted to have the opportunity to take on these fantastic businesses, and aim to continue building on the success and reputation of the teams at both Williams Pallet Services Ltd and Specrite Pallets Ltd.”
“Strategically, this is another key development for Scott Pallets, and demonstrates our ongoing commitment to serving local industry across the UK. Whilst we have an unrivalled geographical spread throughout England, Scotland and Wales, we now have a strong foothold in the Manchester area to ensure we are providing the best possible service to our customers in the North West.”
Lloyds Bank worked closely with the Scott Group on the deal, and Matt Bentley, Lloyds Bank Relationship Director, commented: “I am pleased we were able to support the Scott Group in this acquisition, a hugely exciting development for the business and the latest of over 30 acquisitions we’ve supported them with over the past two decades. This expansion of Scott Group's North West of England business will boost growth and further enhance the Group's profitability. ”
The Scott Group has grown considerably over the past 25 years through numerous strategic acquisitions and organic growth across the UK and into Europe to become the UK’s market leading and largest pallet supplier, the fastest growing packaging provider and a leading supplier of essential trade supplies such as tools, work wear and corporate clothing. Most recently the Group launched a commercial insurance service under the Scott Direct brand.
The Scott Group was founded in 1987 and today employs over 1000 people UK-wide. The business is committed to ensuring customers are at the forefront of the latest industry developments and thrives on finding the most effective solutions for customers with the aims of providing quality products and a professional, straight-talking service at a competitive price.
This information and further details from Caroline Graham at Denvir
T: 01786 448 160