Commercial laundry equipment specialist Wolf Laundry has completed the acquisition of one of its main rivals as it embarks on its next ambitious growth phase. The Yorkshire-headquartered business has bought Cornwall-based Brewer & Bunney for an undisclosed seven-figure sum.
The company says the deal will ensure that Wolf Laundry can surpass the constantly increasing demand for its equipment and services across England’s South West while simultaneously building on Brewer & Bunney's success.
Wolf Laundry has self-funded the acquisition along with its Swiss investment partner, Schulthess Machines AG.
Wolf Laundry specialises in the supply and maintenance of commercial laundry equipment and the acquisition of Brewer & Bunney has increased the size of its workforce by more than 50% from 45 to 70.
Joshua Brown, Wolf Laundry's co-founder and joint managing director, said: "This deal consolidates Wolf Laundry's position as one of the UK's leading laundry equipment businesses. (Brown is pictured, left, with co-founder and joint managing director Dan Riley.)
"We've achieved outstanding organic growth ever since we were founded in 2007 by consistently providing our customers with the fastest, most reliable service. This acquisition will reinforce our presence across England’s South West and allow us to win an even greater share of the market.
"Brewer & Bunney has an outstanding team in place – all of whom have job security following this acquisition. The company ethos is clearly aligned with our own which means that Wolf Laundry is now perfectly positioned to enter our next major growth phase."
Commercial laundry equipment supplier Brewer & Bunney was founded more than 40 years ago, and now operates across Cornwall, Devon, Somerset, Dorset, Wiltshire and Gloucestershire.
The company, which is headquartered in Redruth, in Cornwall, has a team of highly skilled field engineers based across the South West.
David Hayes, managing director at Brewer & Bunney, said: “Wolf Laundry consistently prioritises its customers’ needs which is a reason for its ongoing success – and the main reason why we decided it was the right company to sell to.
“Our acquisition by Wolf Laundry will ensure that our longstanding relationships with clients across many diverse sectors will continue seamlessly.”
Wolf Laundry’s dedicated team of manufacturer-trained engineers offer a thorough and in-depth service across the UK for all major manufacturers of commercial laundry equipment.
Wolf Laundry operates its national headquarters from the Yorkshire town of Barnsley, while its national sales office is based in Wakefield.