The detergents and chemicals manufacturer Christyens UK has reportedly expanded its Bradford-headquartered business by completing a 2.1 million takeover of the dry cleaning business Alex Reid.
Alex Reid, formerly owned by Johnson Service Group, is a dry cleaning and laundry consumables company with sites in Croydon and Leicester and around 70 staff members. Christyens UK, a company first established back in 1946 which now has more than 100 employees, will now take over the sites and expand from its head office in Bradford into other parts of the UK.
Commenting on the takeover, managing director Nick Garthwaite said:
“Through the support of Christeyns, this acquisition will enable Alex Reid to further strengthen its position in the UK dry cleaning sector. It will enable us to utilise our capacity (in Bradford) even better. I am really passionate about manufacturing in Bradford.”
Christyens, which has grown to be an international business with divisions including industrial laundry chemicals and technology, already has a supplier relationship with the Johnson Service Group, and it now has a three year supply agreement with Johnson Cleaners UK on similar terms to those the company had with Alex Reid.