We’ve advised Northumberland based Dickinsons Furnishers on their purchase of New England Interiors for an undisclosed sum.
John Spreadbury, Managing Director of Dickinsons Group, said: “We’re delighted to announce the purchase of New England Interiors in Gosforth. This is a strategic acquisition for us and very much part of our plans for future growth.”
Building on success
“New England has a great reputation and history for providing fantastic customer service and we’re looking to build on this with a wider product range,” Mr Spreadbury continued.
“The Dickinsons Group has enjoyed some significant growth in the past few years and we have some exciting plans to widen our retail and trade operations.”
The furnishers specialise in flooring, furniture, soft furnishings and have the largest interior design studios in the North of England. They have a turnover of £8.22m, employ 70 people and currently have four retail stores across the region.
New England a ‘perfect fit’
The Dickinsons Group was established in Hexham by the Dickinson family in 1878 and has been owned by the Traviss family since 2001.
Tace Traviss, Commercial Director, said: “New England is a perfect fit for us. We have recently extended our retail offering and have some exciting plans to strengthen our customer service and product range. We recently re-branded our retail and delivery operations and we’ll be refurbishing the New England store shortly.
“We’ll be keeping all the current staff at the store and very much looking forward to growing our awareness in Gosforth and further afield.”
A timely acquisition
Hugh Welch, senior partner at Muckle LLP, said: “This is a very timely acquisition for Dickinsons, who we’ve been working with and advising for a number of years. We are pleased to be acting for them again and look forward to working with this thriving business on their future plans.”
To find out more about how Muckle LLP can help your business grow, contact Hugh Welch.