Benchmark International Advises On The Deal Between Ship-Elec And KEW Limited
We at Benchmark International are pleased to announce that a deal has been agreed between Ship-Elec and KEW Ltd.
Ship-Elec Electrical Wholesalers was formed in 2005 in Dartford, Kent. By way of strategic planning and being responsive to the demand of its customers, Ship-Elec continues to grow whilst being competitive, efficient, well stocked, and having good relationships with their clients. To this day, Ship-Elec are one of the fastest growing wholly electrical wholesalers within the North Kent areas.
Formed in 1996, Kew is an independent electrical wholesaler based in Brighton with a board of directors that each, have over 30 years of electrical wholesaling experience. Same day stock availability, handled by experienced and customer focussed staff are the factors that contribute to the company’s simple philosophy, a philosophy which has resulted in Kew’s success story as one of the UK’s fastest growing independent wholesalers.
Benchmark International’s Roger Forshaw took the lead on this particular transaction and was successful in getting the best possible deal for both parties involved, “Benchmark International identified KEW Limited as a potential acquirer with a real strategic need for Ship-Elec Limited.” Forshaw stated, “The synergies became more and more evident the more discussions we had. It’s important to take note that the key motivations for my clients choosing KEW, was their ambitions to take Ship-Elec to the next level. All in all it was a great deal for both-parties concerned and I wish them all the best in the future.”
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Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.