Acquisition of Alstons Upholstery Ltd

Deal typeM&A
IndustryManufacturing

BDO successfully advised on the sale of Alstons Upholstery Ltd to a joint venture between Thailand Carpet Manufacturing PLC Ltd and the Existing Management team.         

Established in 1951, Alstons Upholstery Ltd is a fifth-generation family business based in Colchester, and one of the largest family-owned manufacturers in the UK supplying sofas to independent stores and well known multi-site upholstery retailers. BDO acted as advisor to the Alstons Upholstery Ltd.           

“As owners of a family business, with a long history in Colchester, the decision to sell was not an easy one. We were very grateful to rely on the advice and strong project management that we received from Birketts and BDO.”   

David Alston, CEO at Alstons