Eddisons has expanded its South East presence after buying Kirkby Diamond in a deal value as much as £8.25m, considerably strengthening the Leeds-headquartered agency’s company, property administration and land improvement supply.
Kirkby Diamond – a £6.2m-turnover outfit using 62 workers throughout Milton Keynes, Bedford, Luton, St Albans and Enfield – provides Eddisons full protection of the M1 hall, a key strategic goal in its progress plan. The acquisition expands each the agency’s geographic attain and the depth of its skilled providers.
The transfer lands simply days after Eddisons purchased London-based Community Auctions, boosting its auctions functionality throughout the south of England and underscoring a rapid-fire growth drive. It is usually the company’s tenth acquisition accomplished within the final 5 years.
Eddisons managing director Anthony Spencer stated: “I’m delighted to welcome the Kirkby Diamond workforce to Eddisons. The acquisition considerably strengthens our protection and experience, consolidating our market place in key industrial places.
“Kirkby Diamond are a fantastic match with Eddisons, culturally and strategically, and I stay up for taking ahead the alternatives that the deal presents.”
Luke Tillison, managing director of Kirkby Diamond, added: “By means of the standard of our folks, Kirkby Diamond has constructed a repute for putting our shoppers’ pursuits on the forefront of all the things we do. We’re excited to be becoming a member of Eddisons and to have this chance to develop our providing on a broader foundation with like-minded colleagues.”
The acquisition of Kirby Diamond will increase Eddisons’ UK places of work to over 35 and takes its workforce to greater than 500 folks. Final yr the agency recorded a income of over £46m.
Eddisons strengthens auctions arm with Community Auctions acquisition
