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Acquisition of Rackhams Limited ('Rackhams') located in Highams Park, East London
We are delighted to announce that, on 28 September 2018, Headlam Group plc (‘Headlam’ or the ‘Company’) completed the acquisition of Rackhams Limited (‘Rackhams’) located in Highams Park, East London.
Established in 1935, Rackhams are a leading provider of retail and commercial products to customers in Greater London and the surrounding counties with a strong Rackhams ‘brand’ having been developed in recent years. Following on from the acquisition in July 2018 of Ashmount based in North London, this acquisition continues to meaningfully expand Headlam’s presence within the Greater London area.
Rackhams will continue to be operated under its own trade brand from its existing premises while being supported by the Company’s management team, distribution network, and centralised and financial resources.