Airedale Group announces Rubicon Partners as new shareholder

by | Jun 11, 2021 | News | 0 comments

Airedale Group, one of the UK’s market leading specialists in the installation and servicing of catering equipment, has announced Rubicon Partners has made a significant investment into the Group. Rubicon Partners is a hands-on investment partner focused on the acquisition and long-term strategic development of complex industrial businesses in Europe and North America.

The management team, led by CEO and main shareholder Rob Bywell, together with Rubicon Partners have acquired all shares of the Airedale Group. As a result several minority shareholders, including Rockpool Investments, have sold their stake in the business

Commenting on the investment, Airedale Group’s CEO Rob Bywell said: “This is a significant and exciting step forward for the Group. Over the last seven years, with support from Rockpool, Airedale has solidified its position as the leading kitchen design & installation business in the UK, whilst simultaneously building a truly national commercial kitchen maintenance platform. The acquisitions of SCC in 2014 and Flowrite in 2019 has allowed the Group to create an unrivalled maintenance proposition with a combined total of over one hundred and fifty national service technicians.

“For our next phase we have been looking for a partner with both industry experience and the financial capacity to help us grow to the next level in terms of service offering (both product and technology). We also wanted a partner that could assist the Group in internationalising this service proposition. Rubicon are an ideal fit with a proven pedigree and a history of success in supporting businesses to reach their full potential.”

“Our philosophy is to continue to build a Group of highly complementary brands that are specialists and leaders in their respective sectors but will also work closely together to increase our value proposition to our customers. With Rubicon Partners backing we have the capacity to make further investments, both in our current operations, and by seeking to acquire complementary businesses that will broaden and deepen the services we offer. We intend to continue to deploy capital where we believe it aligns to our strategic vision and long term objectives. With the guidance of an experienced partner in Rubicon, we are looking forward to moving these plans on at pace.”

Rob ends by saying: “On behalf of all the team, I would like to pay tribute to John Rhodes & Peter Bywell who are both retiring. They were true entrepreneurs who not only had the enterprise to start and successfully grow Airedale into a major player, but also recognized its potential and supported a new management team to take the business forward. I know they are leaving, proud of what has been achieved over the last 35 years, and with the business in good shape for an exciting future.”

more latest news ➡

Cherry Lane acquires Norwich garden centre

Cherry Lane acquires Salhouse Garden Centre near Norwich

A garden centre on the outskirts of Norwich is under new ownership and it will be revamped over the coming months. The Cherry Lane group has acquired Salhouse Garden Centre in Honeycombe Road, which is its 18th site. It has garden centres throughout East...

job opportunity at Grimsby Garden Centre

Unique Garden Centre Business Manager opportunity

Grimsby Garden Centre is excited to share this opening for a Garden Centre Business Manager which is rewarding career opportunity that combines retail management with making a difference in the local community. As Grimsby Garden Centre is owned...

Prosper and Yorkshire Garden Centres part ways

Prosper Bidding Farewell to Yorkshire Garden Centres

Prosper, a leading buying group committed to supporting enterprise and growth within our industry, announces the departure of YGC, effective 30th September 2024. Terry Head Retail Director of Stewarts and Chairman of Prosper, stated, "YGC has been a supportive...

Kent & Stowe Autumn promotion

Kent & Stowe autumn promotion to help boost sales

Kent & Stowe, renowned for its high-quality gardening tools that help gardeners achieve extraordinary results has an array of enticing offers to support garden retailers this autumn. These promotions will encourage the nation to keep on gardening and ensure...

Yorkshire Garden Centres joins the Tillington Group

Yorkshire Garden Centres to join the Tillington Group

Yorkshire Garden Centres have announced that they are to join the Tillington Group.  The Bradford based business took over Tong Garden Centre in 2015 and now operate six centres across Yorkshire from the base at Tong. Mark Farnsworth, Managing Director of Yorkshire...

Dobbies charity appeal

Dobbies Garden Centres seeks new National Charity Partner

Dobbies has launched the search for its next National Charity Partner, as part of its 160th year celebrations. The new partnership will commence on 1 March 2025, following the conclusion of Dobbies’ successful nine-year collaboration with the Teenage Cancer Trust...

Banners for marketing

How Banners Generate Business for Garden Centres

In the verdant world of garden centres, where competition blooms as fiercely as the flowers on display, standing out is paramount to cultivating success. Amidst an array of advertising strategies, banners have emerged as a particularly potent tool for garden...

Amtech range from DK tools

DK Tools Launches New Amtech Flexi Tubs and Buckets Range

DK Tools is proud to announce the launch of its new Amtech Flexi Tubs and Buckets range, comprising 18 SKUs tailored to meet diverse needs. Available in vibrant colours including yellow, red, blue, and green, as well as eco-friendly black, which is crafted from...

Read GCR's latest edition!

Subscribe ToThe Wednesday Word

Subscribe To
The Wednesday Word

 

Get all the latest news, events & more straight to your inbox every Wednesday.

You have Successfully Subscribed!

Pin It on Pinterest

Share This