Container supplier Straight has announced the acquisition of all the assets and trade of Harcostar Garden Products from plastic container company Harcostar Drums for £400,000.
Harcostar Garden Products provides water butts, compost bins, watering cans and accessories to the trade sector in the UK and Europe.
Last year, Harcostar Garden Products reported turnover of £1.04m with gross profit of £0.38m.
Straight believes that the acquisition will be earnings enhancing for this financial year.
Straight chief executive Jonathan Straight said: This acquisition provides us with the addition of a premium brand to our portfolio which will compliment our existing product range. We also believe it will allow us to benefit from Harcostars excellent relationships in the UK and Europe.
Image: Straight CEO Jonathan Straight