TH WHITE TO ACQUIRE MURLEY DEALERSHIPS

T H White have announced plans to acquire the agricultural, construction and garden machinery operations of the Murley dealerships at Warwick and Stourport.

In a statement T H White said "all stakeholders are preparing a smooth transition, meaning continuity for staff and customers, and business as usual for trade with a name change above the door."

The deal is scheduled to complete on 30th June 2021 subject to concluding the final stages of due diligence and legal processes.  

With this change, T H White will take on the main franchises currently on offer at Stourport and Warwick, continuing to serve the farming community, construction companies, contractors, small holders and private estates.The garden machinery range available from Warwick will continue from this location, and the established construction operation in Stourport is set to expand T H White's existing construction offering from Manitou, New Holland and Mecalac, with the introduction of the Doosan brand.

“This is a purchase which aligns with our strategic aspirations”, comments T H White director, David Rapkins, “It enables us to grow our agricultural territory with an established business offering premium brands. It creates a sustainable business able to meet the industry demands of generating scale to fulfil our own objectives as well as those of our suppliers.

"As a dealer in neighbouring territories with a long history and experience in the sectors, we are well placed to meet the aspirations of Murley customers and are excited by the opportunities it presents”.

T H White Group CEO, Alex Scott added, “We are acquiring a company mirroring our values and culture which will enable us to easily extend our purpose of helping customers get the best from their machinery, land and buildings for generations.  We are pleased to provide continuity and maintain and grow relationships with farmers and businesses throughout the region.”

T H White's Agricultural division trades from 10 branches in Knockdown, Devizes, Frome, Huntley, Marlborough, Stockbridge, Toddington, Hereford, Warwick and Stourport following the acquisition. The Group’s Groundcare division currently operates from three branches at Knockdown, Stockbridge and Redditch and will run alongside the garden machinery business at Warwick. The Construction operation is based at Marlborough; Stourport will be added on completion of the deal.