21 Mar 2022
AKW Holdings Limited Group, provider of accessible showering, general bathrooms, daily living and kitchen solutions, announces that it has acquired Elfreed Limited including Contour Showers Limited and H2O Pumps Limited.
Serving a broad range of customers throughout the UK, Cheshire-based Contour Showers was established in 1959 and employs approximately 60 staff across two sites in Winsford, Cheshire and Longton, Stoke-on-Trent.
The acquisition is complementary to AKW Holding’s current operations and aligns to its existing UK operations via AKW Medi-Care Limited, based in Droitwich, Worcestershire. From being founded in 1982, AKW Medi-Care delivers wide ranges of shower room, bathroom and kitchen products to its customers.
Commenting on the acquisition, Nick Parsons, Chief Executive Officer of AKW Holdings Group said: “The acquisition of Contour Showers adds yet more expertise to the group and expands the reach and diversity of our products, offering greater choice, availability and an increasing number of product solutions into our markets”
AKW Holdings Limited were advised on the deal by Seneca Corporate Finance (corporate finance), Squire Patton Boggs (legal) and KPMG (financial and tax diligence). Contour were advised by AXM Venture Capital Limited and BBS Law (legal).