H&M Distribution: North West distribution firm speeds ahead with acquisition

Newton-le-Willows-based H&M Distribution has acquired HBT Properties and Hunt Brothers Warehousing & Distribution with the support of a £3.5m funding package from NatWest and Lombard Asset Finance. H&M Distribution, a pallet delivery distributor, previously rented its property in Newton-le-Willows from HBT Properties which in turn owns Hunt Brothers Warehousing & Distribution. This acquisition sees the £20 million turnover business gain full control of the 100,000 sq ft warehouse premises, securing the long-term future of the company. As part of the acquisition, H&M Distribution has also taken ownership of Hunt Brothers' storage facilities, giving the logistics firm another offering to take [...]