Werner Access Products UK Holdings, Ltd completes the acquisition of Youngman Group Ltd
Oct 29, 2014
London, UK - Werner Access Products UK Holdings, Ltd. announced today that it has completed the acquisition of Youngman Group Ltd. following receipt of clearance from the Competition and Markets Authority of the UK. Youngman Group, based in Maldon, Essex, is one of the world’s leading suppliers of access equipment.
“This acquisition continues Werner’s growth in the world-wide ladder and access products market” said William T. Allen, Chairman. “The Youngman and BoSS brands are well recognized tower and trade access product brands in the United Kingdom. The merger of Youngman and Werner UK will allow us to leverage our operations, product development, sales and marketing networks to strengthen Werner’s position in the construction and trade channels. This strategic acquisition will also form a strong platform for our continued expansion into the European and Middle Eastern markets.”
Paul Bentley, Youngman Group’s Managing Director commented, “Youngman has provided the construction and trade industry with innovative, quality products since 1926. We are extremely pleased to become a part of the Werner family of companies who share our same commitment to world class customer service, product innovation and quality.”
“This acquisition continues Werner’s growth in the world-wide ladder and access products market” said William T. Allen, Chairman. “The Youngman and BoSS brands are well recognized tower and trade access product brands in the United Kingdom. The merger of Youngman and Werner UK will allow us to leverage our operations, product development, sales and marketing networks to strengthen Werner’s position in the construction and trade channels. This strategic acquisition will also form a strong platform for our continued expansion into the European and Middle Eastern markets.”
Paul Bentley, Youngman Group’s Managing Director commented, “Youngman has provided the construction and trade industry with innovative, quality products since 1926. We are extremely pleased to become a part of the Werner family of companies who share our same commitment to world class customer service, product innovation and quality.”