Bin manufacturer Taylor has announced that it has acquired Oldham-based waste container manufacturer Sellers in a ‘multi-million pound’ deal.
The acquisition will see the two firms merge as part of Taylor’s plans to ‘significantly expand its product portfolio’. Details of future developments have not yet been released.
A spokesperson for Taylor told Resource that there are no planned job losses, and that both Sellers and Taylor are operating as ‘business as usual’.
Sellers will retain its name, but will form part of the Taylor Group.
Saying that the merger represented a ‘coup for British-based manufacturing’, Taylor added that the acquisition will ‘consolidate operational efficiencies, retain the geographical locations of each business and build on the strengths that Taylor and Sellers have established over a long and successful history of manufacturing’.
Brian Sellers, who founded Sellers in 1975, will join the Taylor executive team with Clive Gallagher, who will oversee operations at the Oldham site.
Gallagher said: “This deal has ensured that Sellers is a stronger business going forward and will be a catalyst for the development of the Oldham manufacturing site. I’m delighted to be joining the Taylor Group board and relish the challenge ahead.”
International expansion
According to Taylor, the deal has not only protected jobs domestically, but will also form part of an international growth strategy, which will see Taylor expand into international territories such as Malaysia and Kuwait.
The group has said it will now focus on developing new products and services for both its home and export markets.
Speaking of the merger, Taylor’s CEO David Williams said: “Like Taylor, Sellers is at heart a family business with a unique identity that is widely respected throughout the industry. We aim to retain this whilst enhancing the customer service experience in line with the Taylor offering.
“The acquisition brings together two celebrated businesses, each with a successful complementary product portfolio, and will ensure that both brands continue to flourish in an increasingly competitive domestic and international marketplace.”
Read more about Taylor.
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