Thursday 2 August 2012

Hudson Reed owner snaps up Niko Distribution

Parent company of Hudson Reed, Ultra Finishing has just acquired bathroom supplier Niko Distribution, which is based in Halifax West Yorkshire. Niko Distribution manufactures and distributes shower enclosures, bathroom furniture, baths and sanitaryware to the merchant trade throughout the UK and Ireland.
The two businesses have worked together for years and will continue to trade as separate entities. Ultra Finishing will focus on the fulfilment of Premier/Niko products, together with its Hudson Reed and Ultra brands, while Niko will supply OEM customers.
Joining the board of Ultra Finishing, Tony Wood of Niko commented: “We are excited to announce this development, as we believe this acquisition will enable the two businesses to benefit from each other’s strengths, develop new opportunities together, and offer customers the best value for money together with marketing-leading service from their supply chain.”
It follows on from Ultra Finishing Group’s acquisition of Valquest, a UK manufacturer of thermostatic shower cartridges.
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