Warrington’s Hultons Landscapes rounds off ‘landmark year’ with North Wales acquisition
Landscape services business Hultons has completed its acquisition of Welsh firm Wright Landscapes.
The transaction, completed for an undisclosed sum, forms part of Warrington-based Hultons Landscapes’ strategy to unlock long-term growth.
Wright has a turnover of £2m and employs a team of 15 across sites in Wrexham and Alltami, catering for a customer base that includes local authorities, developers, contractors and architects.
Following the deal, Wright will continue to trade under its existing brand as part of the wider Hultons business.
Hultons MD Lee Webster said: “This has been a landmark year for Hultons and the acquisition is another milestone for us.
“We continue to achieve exceptional sales growth year on year and this has allowed us to secure further investment to strengthen our business.”
He continued: “Expanding our capabilities as well as our regional presence gives us an excellent platform for growth as one of the leading providers of landscape services in the country.”
Founded in 1968, Hultons employs 65 people at its office in Lymm and provides landscape construction, grounds maintenance and private domestic services.
The £7m-turnover firm plans to expand with a Midlands office in the coming months.
Wright Landscapes’ founder and managing director, James Wright, commented: “We’ve had a number of offers for the business however Hultons Landscapes’ brand, vision and culture make them an ideal fit.
“Our clients will continue to receive the same high standards they have come to expect as both companies integrate over the next 12 months.”
He added: “Coupling Wright’s in-house experience and local supply chain relationships with Hulton’s own expertise will allow the group to further build upon its strong credentials.”
The acquisition will see contracts director Steve Emery become the business’ new North Wales regional director. James Wright and financial director Sue Wright will continue to play a lead role in the company’s development, joining Hultons’ senior team in an advisory capacity.
Ed Brentnall and Nick Bolton of advisory firm Dow Schofield Watts provided financial due diligence to Hultons during the transaction.
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