EHM sold to Bunzl plc

Bunzl plc, the specialist international distribution and services group, has acquired Eugene Harrington Marketing Ltd (EHM), one of the UK’s leading privately owned suppliers to the construction and civil engineering industries. Initium advised the shareholders of EHM throughout the transaction.

Established in 1996, and based in Wimbledon, London, EHM supplies contractors’ tools, protective clothing, safety equipment, consumables, and other products to construction, utilities, and rail companies across the UK. With an outstanding reputation for delivery and high-quality service, EHM carries ~4,500 lines of stock, available via its 24/48 hour UK-wide distribution service.

A preferred supplier to major infrastructure projects in the UK, EHM services a long-standing, blue-chip client base.

“Initium were a true partner… we have no doubt their experience and guidance helped us secure a fantastic deal” – John Shanahan, Director, EHM

Commenting on Initium’s role as advisor, John Shanahan, Director, and shareholder at EHM said: “When selling a business, you need support, advice and technical expertise from your advisor. We got this and much more from Andy Denny and the entire team at Initium. They helped us prepare extensively for a competitive sale process, working with us to showcase our company in the best possible light. They were a true partner, there in the room when it mattered, and always at the end of the phone. We have no doubt that their experience and guidance helped secure us a fantastic deal – and deal structure – with a listed acquirer who can really take this business to the next level.

“For anyone considering their business sale options, we would most certainly recommend Initium. They have the experience, knowledge, expertise, and the track record to get you the best outcomes and, perhaps most importantly, they are supportive, brilliant, friendly people to deal with.”

Bunzl has retained EHM’s senior management and will provide the platform to take the business to the next level.

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