Lincolnshire-based ground-care market leader sold to Irish group
Agri-Gem Ltd, the largest independent supplier of ground-care products to the amenity sector, has been acquired by an Irish buyer with the help of KBS Corporate.
The Dublin-based buyer, Origin Enterprises, is a group that focuses on improving agricultural outcomes through crop technologies and inputs. The acquisition will enhance the group’s global presence by reinforcing its strength within the UK market.
Agri-Gem Ltd, based in Lincoln and which trades under the Agrigem brand, instructed KBS Corporate to implement a diverse research strategy to source a buyer that was not only the right fit, but would also enable the company to continue its growth trajectory and support the existing management team.
Managing director Kieran Would said: “I am thrilled to be joining the industry leader, Origin. There are various challenges currently facing our industry and to have a strategic partner like Origin will allow us to navigate these and continue to find niche opportunities.
“We have always had an appetite for growth, and to have a parent company which understands this and can also facilitate this is a key driver for Agri-Gem going forwards.|“We have dealt with Origin as a supplier for many years and have enjoyed a good relationship along the way. Origin’s core values align with my own – their commitment to the amenity sector and their people is evident. This cemented in my mind that they were the only company suitable for the Agri-Gem business for the future.”
Origin Enterprises managing director Chris Clark said: “Agri-Gem is an excellent fit for Origin to broaden our product range for our existing customers, as well as entry into new markets that Agri-Gem currently serve.
“Investment in this sector is a key priority for the group as we broaden our offering in sustainable green spaces. We are delighted to welcome the Agri-Gem team to the Origin Group and look forward to working together.”
Tom Eatough, Corporate Director at KBS Corporate, led the transaction.
Would you like to speak to a business sales expert
Arrange a free and confidential call with a business sales advisor today.
