Henton and Chattell is pleased to announce that it has signed Heads of Terms to acquire the Newark depot from Farmstar Ltd.
This acquisition is a key strategic move, allowing Henton and Chattell to enhance its operations and strengthen its position as a leading dealer in agricultural, groundcare, and garden machinery.
While the Heads of Terms have been agreed, the finalisation of the deal is underway. Plans are firmly in place to ensure a smooth and seamless transition for customers and staff, with uninterrupted service guaranteed throughout the process.
The Newark depot will remain fully operational throughout the transition, with all current staff being retained by Henton and Chattell. This acquisition not only preserves the excellent service already provided by Farmstar Newark but also introduces new product ranges to the region.
Managing Director of Henton and Chattell, Peter Chaloner, stated: "This acquisition represents an exciting opportunity for Henton and Chattell to grow while continuing the exceptional service that Farmstar has provided to customers in the East Midlands. The site offers significant synergies for our business and ample space to expand, supporting our growth plans. We look forward to welcoming the Newark team into the Henton and Chattell family and bringing new product ranges to the area."
The Newark site will focus on agricultural, groundcare, and garden machinery, reflecting Henton and Chattell’s commitment to delivering industry-leading products and services. This acquisition aligns perfectly with the company’s long-term growth strategy, further cementing its reputation as a trusted dealer for leading manufacturers such as Kubota, Baroness, and Yamaha.
Further updates will be provided upon completion of the acquisition.
