Established family business sees 300% new growth following acquisition – Oswald Record Group

Oswald Record was a well-established and wellmanaged company, commanding a 40% share of the UK Air Tools market and enjoying excellent customer loyalty, and thus repeat business.

It had negotiated sole distribution agreements with leading manufacturers to establish its position in the Power Tools market.

With a nationwide sales and distribution network, the company had established itself as a convenient, reliable supplier providing an excellent sales and after-sales service.

When Anthony Record, the CEO of Oswald Record Group, decided to sell the business his Grandfather founded in 1921, it was on the basis that a new owner would value what the company had achieved and enable it to achieve the growth he knew was its birthright.

Anthony instructed Evolution CBS to handle the sale, having evaluated two alternative advisory firms.

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