The acquisition has been 12 weeks in planning, and includes all existing stock, distribution agreements, the comprehensive online presence, trademarks and a hand over period of three months between previous owner Nick Burger and the Green-tech team.
The acquisition comes at a time when Green-tech’s owners, Richard and Rachel Kay are pushing
forward to achieve their goals of expansion. The business is seeing record year or year growth overall, particularly within its tree planting and Green-tree soil product sectors.
The re-structure of the sales team last year has seen an increase in head count, plus Green-tech’s new home at Rabbit Hill Business Park is providing additional warehouse space and improved links to the motorway network to support this recent acquisition.
The product range offered by FLP is complimentary to the 6,000 product lines Green-tech stocks, equipping their customer base with access to a broader scope of supplies for their projects.
Green-tech are formulating plans for rebranding, product expansion, a revamped website and a dedicated specification arm for FLP.
Rachel Kay said: "This is the third Green-tech acquisition within the last four years, the team are more than familiar with the requirements of adopting a business and giving it the ‘Green-tech makeover.’ FLP has been a great find for the business, the products have a natural fit and will provide us with unlimited opportunities to expand into new markets."