Arrow Supplies acquired by Nilfisk Advance Group
Benchmark International has advised the shareholders of Arrow Supplies on the successful sale of the Company to Nilfisk Advance Group for an undisclosed sum.
Established in 1994 and based in Grangemouth, central Scotland, Arrow Supplies is a family run company which provides cleaning machinery and techniques to clients including the NHS, the Scottish Prison Service, institutes of further education and many other local authorities and general consumers.
Nilfisk Advance Group, founded in 1906 in Denmark, is one of the worlds leading manufacturers of professional cleaning equipment. A highly acquisitive company, Nilfisk has grown rapidly through acquisition since the Company was acquired in the late 1980’s. Nilfisk’s expansion strategy focuses on the acquisition of many smaller companies across the globe adding to the Group’s product portfolio and international market presence.
Commenting on the role Benchmark International played in the successful sale, Arrow Supplies owner Chris Cowan noted, “I’d like to say you were all very helpful, knowledgeable, and very sensitive to any fears or concerns we had regarding the process and the sale itself. You presented a very professional front and quickly found interested parties. I would add that getting a good deal for your clients seems to be a priority for you – even though I’m sure it would often be possible to push deals through and take a quick commission.”
Benchmark International would like to thank all parties involved and wish them the very best of luck for the future.