Buyout for Chippenham company
5:00pm Sunday 6th April 2014 in Latest News
A family-owned business based in Chippenham has been sold to its management team with help from advisers at Withy King and Baker Tilly.
The Woods Group provides fund-raising fulfilment services to charities and has an annual turnover of more than £8m. It was sold by the Shutter family in February for an undisclosed sum.
The late Roger Shutter acquired the Woods Group in Chippenham more than 20 years ago and members of his family continue to own Woods The Stationers in Bath and Woods Business Services in Chippenham.
Withy King, based in Bath, Marlborough and Swindon, and Baker Tilly, based in Bristol, have both developed long-standing relationships with the Shutter family.