Thursday, April 22, 2021

FTSE 100 company swoops for Skipton care homes supplier

Bunzl, a FTSE 100 specialist international distribution and services group, has acquired a Skipton-based business that has been supplying the care home sector for over 20 years for an undisclosed sum.

Founded in 2000 by Tim Lockett, Deliver Net is a healthcare distributor to care homes in the UK with 2020 revenue of £20 million.

With its head office in Skipton and a second depot near Belfast, the company works with some of the best-known names in the care homes sector.

The Yorkshire advisers to Deliver Net included a team from Leeds law firm Clarion, led by Jonathan Simms and Alex Cooper; Ben Peacock and Richard Firth of Park Place Corporate Finance in Leeds; and Jim Meakin of Armstrong Watson in Skipton.

“Deliver Net is a great fit with Bunzl’s Care Shop operation as our services complement one another, further enhancing our offering to customers,” said Mr Lockett.

“Our hardworking and committed team in Skipton and Belfast has enabled us to build a brilliant company over the last 20 years.

“Joining Bunzl marks another important milestone and the start of an exciting chapter in our development.”

Ben Peacock of Park Place Corporate Finance added: “It has been a pleasure to work with Tim and his team over a number of years and to help them achieve their ambitions for Deliver Net.

“It is particularly satisfying to see a team of Yorkshire advisers helping a Yorkshire business take the next step – we wish the Deliver Net team well for the future.”

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