James Jones & Sons Ltd today announced that it has completed the acquisition of Lancashire Saws Ltd, a leading bandsaw blade manufacturer and saw servicing provider.
James Jones & Sons has had a long standing relationship with Lancashire Saws and this acquisition provides both companies with a strong platform for further development.
“We are delighted to have concluded this transaction,” commented Tom Bruce-Jones, Chairman of James Jones & Sons Ltd, “and are really pleased that the existing management team are staying on within the Group to provide continuity and the same quality of service to all customers, facilitate the integration and to help realise our long-term strategic plans.”
“On behalf of our shareholders and employees, we are delighted that Lancashire Saws Ltd will become part of the James Jones Group.” said Stephen Bentley and Peter Ashton of Lancashire Saws Ltd, “Their extensive timber industry experience and financial strength will allow further investment in the business. The sale process was completed smoothly and reinforces our long-held views that James Jones & Sons Ltd is a well established family company that operates with the same values as our own. We are excited about the future, whilst maintaining our longstanding customer relationships.”