Farm machinery firm set to double in size with acquisition
Chandlers Farm Equipment, which has depots across Lincolnshire, Leicestershire and Bedfordshire, has now doubled the size of its operation following its acquisition of Lister Wilder’s Fendt, Massey Ferguson and Valtra ‘AGCO’ dealerships, acquiring five new depots in Warwickshire, Oxfordshire, Wiltshire and Gloucestershire.
The deal means that Chandlers Farm Equipment is now the largest AGCO dealer in the country and among the largest agricultural machinery dealers in the UK.
Chandlers Farm Equipment is a family business originally founded in 1935 selling and servicing agricultural machinery. It is the exclusive dealer in the South Lincolnshire region for the prestigious Fendt, Massey Ferguson and Valtra brands.
Chandlers was advised by James Conduit and Raj Blackburn of Sills & Betteridge Solicitors.
Managing director Gavin Pell said: “For various reasons the transaction had to progress against a very tight timeline with the completion date set in stone right from the start. We were very pleased with the way James and Raj at Sills & Betteridge handled the transaction, driving it forward and ensuring that we met the completion date despite its complexities. We would certainly recommend Sills & Betteridge to others.”
Conduit added: “We are delighted with the outcome of this transaction which secures a very bright future for Chandlers and its employees. I wish Gavin and his team every success for the future.”