Williams Trade Supplies

We are delighted to announce that the management and staff of our parent company, Williams & Co, have acquired the business from the Williams family for an undisclosed sum.

A consortium of management and staff, led by longstanding executive directors Ray Stafford (MD) and Rachel Moore (FD), put the successful bid together, supported by Nat West and Royal Bank of Scotland who have structured a flexible finance facility secured on receivables and inventory. Professional advice has been provided by Taylor Cocks (accountants) and Quar & Co (solicitors). The consideration includes a mix of cash, equity and loan notes, ensuring that the business retains ample resources to maintain its aggressive trading style and expansion plans.

Managing Director, Ray Stafford, commented: Rachel and I are overwhelmed by the incredible buy in from the management team and staff.