Commercial laundry equipment specialist Wolf Laundry has completed the acquisition of one of its key competitors as it embarks on its next ambitious phase of growth. The Yorkshire-based company has bought Cornwall-based Brewer & Bunney for an undisclosed seven-figure sum.
The company says the deal will ensure Wolf Laundry can exceed the ever-increasing demand for its equipment and services across the South West of England while building on the success of Brewer & Bunney.
Wolf Laundry financed the acquisition together with its Swiss investment partner Schulthess Machines AG.
Wolf Laundry specializes in the delivery and maintenance of commercial laundry machines. The takeover of Brewer & Bunney increased the workforce by more than 50% from 45 to 70.
Joshua Brown, Wolf Laundry co-founder and joint managing director, said, "This deal solidifies Wolf Laundry's position as one of the leading laundry machinery companies in the UK. (Brown is pictured on left with co-founder and joint managing director Dan Riley.)
"We have had outstanding organic growth since our inception in 2007 by consistently providing the fastest and most reliable service to our customers. This acquisition will strengthen our presence throughout the South West of England and enable us to gain even greater market share. " .
"Brewer & Bunney has an excellent team that will all have job security following this acquisition. The company ethos is clearly aligned with our own, so Wolf Laundry is now perfectly positioned to enter our next major growth phase."
Commercial laundry supplier Brewer & Bunney was founded more than 40 years ago and now operates in Cornwall, Devon, Somerset, Dorset, Wiltshire and Gloucestershire.
Headquartered in Redruth, Cornwall, the company has a team of highly skilled field technicians across the South West.
David Hayes, Managing Director of Brewer & Bunney said, “Wolf Laundry consistently prioritizes the needs of its customers, which is one reason for its continued success – and the main reason we decided it was the right company to sell to should.
"Our acquisition by Wolf Laundry will ensure that our longstanding relationships with customers in many different sectors will continue seamlessly."
Wolf Laundry's dedicated team of manufacturer-trained engineers provide thorough and comprehensive service to all major commercial laundry equipment manufacturers across the UK.
Wolf Laundry has its national headquarters in the town of Barnsley, Yorkshire, while the national sales office is in Wakefield.