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Benchmark International Successfully Facilitated the Transaction Between Preseli Lodges & Garden Rooms Ltd and Actually Group Limited

Posted on February 11, 2022 By

Benchmark International is pleased to announce the acquisition of Pembrokeshire-based Preseli Lodges by holiday park and resort developer, Actually Group.

Preseli Lodges manufactures bespoke luxury lodges and garden rooms, serving clients such as holiday parks and resorts.

Following the sale, Kevin Morgan, founder and director of Preseli, will remain with the business as commercial director and the company will continue to manufacture from its Pembrokeshire base. The business will be rebranded as Actually Lodges, a subsidiary of the Actually Group.

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As part of expansion plans a further 20 jobs are being created this quarter with additional manufacturing premises being acquired.

Commenting on the acquisition, Mr Morgan said: "We are very proud of what Preseli has achieved in such a short space of time, establishing our business, and growing a reputation for premium hand-crafted design. Our investors, Actually Group, will help us to build on that growth and position our business as one of the UK’s leading manufacturers of next-generation luxury lodges."

Andy Sutton, chief executive at Actually Group, said: "Preseli is an established leader in the luxury lodge manufacturing sector, with an exceptional commitment to quality, innovation, and customer service. We are delighted to welcome their highly skilled workforce to the Actually Group, and we're excited about our future.

"The acquisition of Preseli will help us to assure our supply chain, scale our operations, and deliver on our ambitious growth targets. We will be investing in additional new premises, and we'll be embarking on a recruitment drive. We expect to create 60 new roles in the first quarter of 2022."

Schedule A Call

Europe: Michael Lawrie at +44 (0) 161 359 4400 / Enquiries@BenchmarkIntl.com

Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com

Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com 


ABOUT BENCHMARK INTERNATIONAL

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $8.25 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the #1 Sell-side, Privately Owned M&A Advisor in the World by Pitchbook’s Global League Tables.

Website: http://www.benchmarkintl.com
Blog: http://blog.benchmarkcorporate.com

Preseli acquired by Actually Group

 

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