AVS Supplier Notification
ACQUISITION of AVS by LAWSONS
We are pleased to let you know that Lawsons Holdings Limited has acquired 100% of the shares in AVS Group Holdings Limited on the 17th February 2020. The trading companies within the combined group are Lawsons (Whetstone) Limited (Lawsons) and AVS Fencing Supplies Limited (AVS).
Lawsons believe this acquisition affords existing suppliers to AVS and Lawsons a significant opportunity to grow sales specifically in the fencing and landscaping sector with the combined group which will have a turnover of approximately £125m. Lawsons anticipate future acquisitions over the next few years.
AVS will remain a standalone limited company and continue to trade under the AVS brand. The Management Team at AVS (MD and FD) will remain to further develop the AVS business.
Suppliers should continue to trade with AVS without change to their existing terms or invoicing routes.
Lawsons are members of the Fortis Buying Group. AVS will not automatically become a member of Fortis. However, subject to Fortis approval, it is likely that we will seek that AVS become an associate member of Fortis. We will advise you in due course.
Lawsons will be undertaking a commercial assessment of each companies buying terms over the coming weeks.
What Happens Next?
- Suppliers that service both companies will be invited to a meeting at Lawsons head office to discuss the future trading position.
- Suppliers that supply AVS but not Lawsons will be expected to continue to trade with AVS.
- Lawsons will be working with the AVS Management Team to understand their supply chain needs in order that we can strategically grow both companies’ sales.
If you have any questions, please contact me using the details below.
Lawsons Procurement Director
Mobile: 07585 900389 Tel: 01727 747303