Deal for web fur­ni­ture firm

Multi-mil­lion agree­ment sealed

Dumfries & Galloway Standard - - NEWS - Jackie Grant

A com­pany that em­ploys 40 peo­ple at Heath­hall has been sold in a mul­ti­mil­lion pound deal.

On­line of­fice fur­ni­ture firm Equip4­work has been bought by SDAX and TAKKT AG.

Equip4­work, founded in 2004, spe­cialises in the sale of of­fice fur­ni­ture on­line in­clud­ing un­der the brand Of­fice Fur­ni­ture On­line.

Over the past year the com­pany gen­er­ated al­most £40mil­lion in sales in­clud­ing items such as desks and chairs as well as other busi­ness equip­ment.

As well as the HQ at Tin­wald Downs, a fur­ther 11 peo­ple are em­ployed at the main dis­tri­bu­tion cen­tre in Stafford.

Felix Zim­mer­mann, chief ex­ec­u­tive of TAKKT AG, said: “Of­ficeFur­ni­tureOn­line is a great ad­di­tion to our new New­port Group. This is the next step in our strat­egy to strengthen on­line ac­tiv­i­ties.”

Equip4­work will con­tinue to be man­aged over the next three years by Mar­tin and Michael Hutchin­son, part of the fam­ily who founded the com­pany.

Mar­tin Hutchin­son said: “We are happy to have found a part­ner in TAKKT who will help us to con­tinue and ex­pand the strong growth of re­cent years.

“We be­lieve that the co-

op­er­a­tion and ex­change with other com­pa­nies of TAKKT and the New­port Group will pro­vide many ex­cit­ing op­por­tu­ni­ties for both sides and help us ex­pand on our strong growth of re­cent years.”

Key fig­ures From left, Derek Hutchin­son, Michael Hutchin­son and Mar­tin Hutchin­son with Felix Zim­mer­mann and Franziskus Josten of TAKKT AG

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