Following last week's news that TH White intends to acquire the Murley dealerships in Warwick and Stourport, some further details have been revealed.
In a statement New Holland have confirmed that both Murley depots will trade under the T H White Ltd name from the end of June.
Heads of Terms are now said to have been agreed, and both parties will work towards completion by the 30th June 2021. T H White will continue to offer the full range of New Holland products and parts from both Warwick and Stourport including tractors, combines, forage harvesters, telehandlers, balers and New Holland branded Implements. Full service and aftersales support will continue from each branch.
Murley chairman, Gerry Crawford, said this week, “Whilst it is sad and painful to be saying goodbye after some sixty years to the loyal and professional farming communities of Warwickshire, Worcestershire and the West Midlands; we are happy that we have secured a deal with T H White who will look after their interests, those of our wonderful employees and the excellent franchises we represent.
"We wish T H White every success in taking our strong business forward and wish all of our employees, customers and manufacturers the very best in the future and we are confident we are leaving them in very safe hands.”
Pat Smith, New Holland business director UK & ROI, added, “We are very pleased that these two long-established and strong dealers have reached an agreement to ensure the future for our customers. We want to thank Gerry for his dedication, support and the results achieved over the years, a true gentleman and it has been a pleasure.
"Going forward, we have every confidence that T H White will build on the success of Murley, and their customers are in safe hands.”