Plumb-Warehouse Limited, an on-line bathroom fittings and shower pump specialist based in Christchurch, Dorset has been sold by Turner Butler, one of the UK’s leading Business Brokers.
Trading only via www.plumb-warehouse.co.uk, the site sells a wide range of luxury bathroom mixers, thermostatic shower equipment, bathroom accessories, kitchen taps and shower pumps and was acquired by Wallsall based conglomerate, Watts Clift Holdings Limited.
The Vendor, Glenn Shipton who can now ease into retirement, thanked Turner Butler for achieving a swift sale – the transaction was completed in just over 6 months from the Business being placed on the market, and is confident the Business will continue to grow under its new ownership.
Commenting on the sale, Tony Bell, Regional Manager for Turner Butler said:
‘When valued appropriately, established e-commerce businesses with good levels of revenue and profitability always attract good levels of interest from potential buyers purely and simply because they can be operated from almost anywhere and the ease with which they can be transferred to new Owners and new premises. Plumb Warehouse was no exception. It was up and running in its new location within just a few days – a seamless transition with no impact on its customers whatsoever’.