Completed sale
LP Wholesale Acquires Keith Potter Wholesale Distribution & Logistics Company
Keith Potter Wholesale delivers a wide variety of consumables and non-food goods.
Keith Potter Wholesale has been in operation for over 45 years in which time they have formed lasting relationships with suppliers and clients. In addition to this the businesses distribute their own label goods, which generates a healthy profit. A large proportion of the business involves providing services to over 900 clients, this is done so successfully that 100% become repeat customers. This is particularly impressive as Keith Potter Wholesale caters across multiple sectors. Keith Potter Wholesale benefits from an excellent location, close to transport links, and also operates a next-day delivery service. A main contributor to the business’ success is the loyal staff who each have 10 years’ experience in the sector.
Keith Potter Wholesale instructed Katherine Ryder, Knightsbridge Commercial Executive, with the sale in order to enable the owners’ retirement plans.
Knightsbridge implemented a detailed research plan including NDA match, research and online advertising. This produced noticeable interest resulting in LP Wholesale making the successful offer. The acquisition was motivated by LP Wholesale’s aspiration to develop their existing company.