The business was offered to the market in order to allow our clients to concentrate fully on other interests.
Warehouse Aquatics generates an annual turnover of £630k through its 26,000 registered customers and experiences high volumes of repeat custom. The company sells a range of aquatic, marine, pond and reptile products including filtration systems, tanks, lighting and specialist foods.
The business was acquired in September 2014, after just 8 months on the market, for £175k by MBL Group PLC. MBL is a £12 million turnover UK distributor and wholesaler of home entertainment products which operates through 3 divisions: The Garden & Home Trading Co., which sells garden bird and wildlife related products; Garden Centre Online, which sells garden and plant products; and Windsong, which specialises in providing a wide range of CD and DVD products.
Gemma Moss of Knightsbridge Business Sales commented, “I am delighted that a sale was agreed just 5 months after the business came to the market and the sale was completed after just 8 months. We wish the buyers every success.”