Egan Reid has, in the last week, acquired the stationery and furniture business of the Isle of Man’s Bridson & Horrox Group.
The deal sees the Stockport-based office supplies and furniture group further strengthen its foothold in the North of England.
The new addition to the Egan Reid fold is now trading under the BHX Stationery & Furniture brand, while Bridson & Horrox has retained ownership of its print and design, signage, business machines and promotional gifts divisions.
Eight members of staff have transferred to BHX Stationery & Furniture, who will remain in the Isle of Man and continue to share office and warehouse space with Bridson & Horrox.
Andrew and Martin Reid, Egan Reid’s joint managing directors and owners, commented: “This is another exciting stage in the company’s nearly 60 year history. The BHX Stationery & Furniture business has strong potential to grow and is founded of similar values to Egan Reid. The acquisition is not only an opportunity for expansion, but also an opportunity to get closer to our existing clients on the island and offer them even better service.”