Great Yarmouth’s Spandler Bros enters new era after takeover
- Credit: Archant
Great Yarmouth haulage company Spandler Bros has entered a new chapter in its 100-year history following its acquisition by Revis Transport.
Taking over Spandler, which operates 15 Volvo lorries and 30 trailers, has extended the geographical reach of the York-based firm throughout the UK.
The business was bought from its parent company J and H Bunn, which has also been Spandler's principal customer.
The deal marks the latest stage of Revis Transport's growth strategy, following on from its acquisition of ABC (Grimsby) Ltd in 2014.
The group provides a range of transport and haulage services and was founded in 1947. It has a workforce of 97 and a fleet of 79 vehicles across its depots in North Yorkshire, South Humberside and now East Anglia.
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Richard Sunderland, managing director of Yarmouth-based Bunn Fertiliser, said: 'Bunn Fertiliser believe this sale will benefit Spandler Bros as they are now part of a company exclusively focused on providing professional transport services. It also allows Bunn to focus on its core business of manufacturing and selling fertiliser in the UK.
'Bunn and Revis have had a long and successful relationship and we look forward to working together more closely.'
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Director John Revis said: 'The opportunity to establish a footprint in East Anglia and take on the experienced Spandler team fits perfectly with our expansion plans. With depots in York, Immingham and Yarmouth we now have a presence down the length of the East Coast.'
Carl Swansbury and Peter Glenton, of Newcastle-based Ryecroft Glenton Corporate Finance, advised Revis Transport on the transaction.
Mr Swansbury said: 'The acquisition of Spandler Bros is the continuation of a successful growth strategy for Revis. The shareholders have a clear vision for how they wish to develop the scale and range of services they can offer their customers and we are delighted to have been able to advise them on this transaction.'