Lawsons Holdings has completed the acquisition of AVS Group Holdings. AVS trades through its subsidiary company AVS Fencing Supplies.
The turnover of the combined group will be close to £125 million with 565 employees and operates from 27 branches across the South East of England. The acquisition of AVS will form a platform for future expansion in the fencing and landscaping market.
Lawsons, a family-owned business operating from 17 branches throughout London and the South East, will be celebrating its 100th year of trading next year
AVS has ten branches employing over 120 members of staff in the South and East of England and specialising in fencing and hard landscaping materials. The company will retain its brand identity and continue to operate separately under the direction of its Managing Director Stewart Pierce.
Lawsons, under the guidance of Chairman Simon Lawson, will assist in the future growth and development strategy of AVS. Jeremy Norris and Paul Rushent will both join the AVS Holdings Limited Board
AVS founder, Ian Faires, said: “The values and ethos of both companies run in parallel and I had no hesitation in deciding that Simon and his team were the perfect fit going forward. I am very proud of what we have all achieved at AVS during the past twenty-seven years and now is the right time for this move to take place.”
Simon Lawson commented: “I am absolutely delighted with the acquisition which further demonstrates Lawsons commitment to expansion, growth and development as it looks forward to a new and exciting decade.”
Stewart Pierce noted: “With our majority shareholder and founder Ian Faires preparing to step down at year end, finding a new likeminded partner to assist and support our future was imperative. Having known Simon for many years it’s a perfect outcome for both businesses and we look forward to working with the Lawsons team.”
