As part of the Con Mech deal, Marlows DIY & Garden Centre will retain its name along with all its existing staff. The financial value of the transaction was undisclosed.
Marlows director Michael Underwood said: “We felt the time was right to sell the business due to advancing years.
?Our customers and staff have been very loyal to Marlows over the years and we are very grateful for that. We wish the business every success in the future.”
Geoff Hazlewood, a partner and head of the corporate and commercial team at Ashton KCJ, led the corporate transaction with fellow partner Simon Cunningham leading on the related property sale. Solicitor Abi Adams advised on the employment aspects.
He added: “The team at Ashton KCJ led by Geoff Hazlewood and Simon Cunningham were a pleasure to work with. They were always available to answer any of our questions and shepherd the deal through to a successful completion.”
Hazlewood said: “It has been a pleasure advising Michael on this transaction. The acquisition really compliments the existing Con Mech Group portfolio and I am sure Marlows customers will see little difference at the centre.”