Independent Hampshire-based builders merchant Elliotts has acquired Lymington kitchen and bathroom showroom, Hardleys.
Elliotts bought the business on Monday (September 29) and says the takeover will immediately add £2.5m to its turnover.
Elliotts currently has nine builders merchant branches in the South and two tool centres and, with the acquisition of Hardleys, four kitchen and bathroom showrooms.
All 15 staff at Hardleys will be retained and former Hardley’s owner, Tony Jenvey, will remain involved in the store for a period in a consultancy role.
Jenvey said: “I am very happy to be selling Hardleys to Elliotts. I have known them for over 25 years and they are a very strong and well-respected regional supplier to the building trade. It was very important to me to pass Hardleys on to a upstanding company to ensure our customers and staff will be well looked after and the business will grow and prosper under their ownership. I’m very excited for the future of the business.”
Tom Elliott, managing director of Elliotts, said: “We have always had such respect for Hardleys as a fellow family business that looks after its staff and puts customers first. There are so many synergies between the two companies and we are delighted to bring it under our umbrella. Its expert staff and unrivalled product range, including many items not available elsewhere, will give our customers in the New Forest even more choice.”
“For existing Hardleys customers it’ll be business as usual, with the added strength of the Elliotts brand powering the showroom. For existing Elliotts customers in the south of the New Forest it’ll mean even more choice and expertise, even closer by.”
Founded in 1842, Elliotts is almost the oldest family business in Southampton. As well as its kitchen and bathroom showrooms in Ringwood, Romsey and Lymington it has builders merchant branches in Bishops Waltham, Chandler’s Ford, Fareham, Fordingbridge, Ringwood, Romsey, Southampton, Tadley and Totton as well as two specialist tool centres in Portsmouth and Winchester and a roofing company, Elliotts Premier Roofing.