Franke UK has acquired Ashford-based distributor Sinks & Things through a share sale completed on January 6, 2020.
Sinks & Things is one of Franke’s original distributors since the 1970s, when the Swiss-based brand of sinks was first introduced into the UK market.
Founded by Mike Hayward and Mike Tate, with Mark Bristow as managing director since 2014, it serves customers in London and the South East.
The distributor will retain its trading name and continue to supply the entire Franke portfolio including sinks, taps, waste management products and decorative hoods, such as its Maris Free extractor.
It will operate as part of Franke’s distribution network which includes Waterline, Swift, Forth & Clyde in Scotland, Bodel in Northern Ireland and Kitchen Accessories Ltd (KAL) in the Republic of Ireland.
From April 2020, PJH will be leaving Franke’s distributor network by mutual agreement.
Neil Clark, managing director of Franke UK, commented:“Sinks & Things are a long-standing and loyal partner to Franke and we want to strengthen our relationship and regional presence in London and the South East where Sinks & Things is well established.
“The acquisition enables us to invest in the business to take it forward with enhanced customer service, delivery and operations and continue building on the heritage of our distribution partnership that has successfully spanned almost 40 years.”
Managing director of the Sinks & Things Mark Bristow added: “The acquisition enables the business to continue providing its customers with access to all Franke products and taking the business to a new level through further investment and support.”
Pannone Corporate LLP in Manchester provided legal support to Franke UK during the acquisition.