Lawsons Holdings Limited has announced the acquisition of AVS Group Holdings Limited on the 17 February.
AVS will retain its brand identity and continue to operate separately under the direction of its Managing Director Stewart Pierce. Lawsons, under the guidance of Chairman Simon Lawson, will assist in the future growth and development strategy of AVS. Along with Simon, Jeremy Norris and Paul Rushent will both join the AVS Holdings Limited Board
AVS founder, Ian Faires, said: “The values and ethos of both companies run in parallel and I had no hesitation in deciding that Simon and his team were the perfect fit going forward. I am very proud of what we have all achieved at AVS during the past twenty-seven years and now is the right time for this move to take place.”
Simon Lawson commented: “I am absolutely delighted with the acquisition which further demonstrates Lawsons commitment to expansion, growth and development as it looks forward to a new and exciting decade.”
Stewart Pierce noted: “With our majority shareholder and founder Ian Faires preparing to step down at year end, finding a new like-minded partner to assist and support our future was imperative. Having known Simon for many years it’s a perfect outcome for both businesses and we look forward to working with the Lawsons team.”
