Retail Equipment Limited acquire Greenkey Garden & Home
Greenkey Garden & Home has been sold for an undisclosed sum to Retail Equipment Limited of Sudbury, Suffolk.
Jeremy Parkes, Greenkey’s Managing Director, said: “We are delighted to find such a good fit for the business with like minded people, and understand that the business will continue for the foreseeable future at its existing premises with its current staff."
The Directors Jeremy and Emma Parkes will retire in six months time, allowing the opportunity for new management to further develop the business.
Retail Equipment’s Director Steve Newmark commented: “We’re pleased to acquire a vibrant business in an industry that affords much potential for growth.
"Greenkey is well placed to supply new innovative ideas to the garden products market and the two businesses have many operational synergies."