Business Investment and consulting firm The Exiteers Limited has completed the acquisition of Richard Edward & Company Scotland Ltd. After 35 years of Bruce Edward and his family’s management, this exciting development offers the opportunity to modernise the business ensuring continuity of the high standard performance and compliance for its customers, employees and suppliers.
The Haddington based business provides agricultural and industrial shed cleaning along with bulk transport services.
Richard Edward & Company (Scotland) Ltd will continue to trade in its present form ably supported by Bruce Edward and his daughters, Dawn & Louise at the helm. The Exiteers are delighted to support the required investment in the business which in turn will build on it’s excellent reputation whilst evolving compliance and performance standards in the months and years ahead.
The Exiteers work with owners to find the best route for them to evolve their business. This may include investing in businesses, taking strategic stakes to support growth. This has been demonstrated earlier this year by the investment in Breadalbane & Co Ltd.
Pictured, left to right: Samuel Wright, Louise Edward, Dawn Edward, Bruce Edward and Peter Wright.
Bruce Edward, Managing Director of Richard Edward & Company, said; “It was really important to me and my family, that I found the right partners with to take on the business, which my father started in 1989, as I begin evolving the business and so I was delighted when I met Peter and Phil from The Exiteers, who I feel are the right custodians of the business for future years. They respect what my family and I have built, and want to change very little, other than providing some new investment and updating of equipment which I fully support.”
Phil Morris, Co-Founder of The Exiteers, said: “The Exiteers are delighted to play a part in the next stage of development of Richard Edward company, we look forward to working with the family and team in the time ahead.”
Further details can be found on our website at www.richardedward.co.uk . Alternatively, please reach out to us at info@richardedward.co.uk