Fixwell Fasteners, an industrial fixings and fastenings supplier with a 30-year legacy operating across Wales and the South West has been acquired, in a deal advised on by the GS Verde Group.
Providing clients with a comprehensive range of fixings, tools, accessories and janitorial supplies, Fixwell Fasteners has a leading reputation by combining the expertise of a national supplier with the family-business focus on customer and supplier relationships.
The business has been acquired by Brian Jones, an experienced, serial entrepreneur in specialist engineering. Fixwell provides the platform to begin a buy and build growth strategy in the industrial supplies market.
Former owner of Fixwell Fasteners, Wayne Huxtable, will remain active in the business; leading on client and supplier relationships and aiding in the long-term transition and execution of the strategy.
Speaking on the sale, Mr Huxtable, said: "Building Fixwell over the years to become the one-stop shop for thousands of industrial supplies has been a labour of love.
"It's thanks to our longstanding, valuable team that we have fostered strong customer relationships and developed a reputation to be exceptionally proud of. I am delighted that the business will continue; combining the existing team with Brian's strategy has the potential to grow even further."
Since its inception in 1990, Fixwell Fasteners has expanded its supply and services in conjunction with an increasing customer base, adding bespoke stock management and equipment sourcing to its offering.
The acquisition draws upon Fixwell's strong sector presence to form an engineering-led hardware group, supplying the wider South West market.
Mr Jones said: "The business has been run brilliantly by Wayne and his team over many years, and we look forward on building on this success together.
"We are excited about the future and the prospect of both organic and acquisitive growth continuing."
The GS Verde Group are business focused experts in getting deals done. The group combines multiple disciplines including law, tax, finance and communications, to provide end-to-end support as a complete advisory team.