Benchmark International is delighted to announce the sale of Cable Accessories, based in Suffolk, to Dalroad Norslo, a Bedfordshire distributor of automation components.
Founded in 2001, Cable Accessories was set up to distribute products made by electrical parts maker Grote & Hartmann after the closure of its UK manufacturing facility. It was originally based in St Albans but moved to Leiston in December 2006.
Luton-based Dalroad Norslo was established in 1993 and specialises in the retail and distribution of automotive connector products.
Roger Forshaw, Transaction Leader on the deal, commented: "Through our extensive marketing efforts and working closely with the client we were able to select a buyer with a very strong fit, granting comfort that that the company would go to a good home."
Benchmark International would like to thank all parties involved and we wish them all the very best of luck for the future.