PPS, Yorkshire’s leading janitorial, catering and cleaning products supplier, has announced its latest acquisition as part of its ambitious growth plan. The new deal sees PPS acquire LTES, supplier of leaning chemicals and glass washer machines to the hospitality sector, together with its customer base and stockholding.
This move marks the second acquisition in quick succession for the York and Keighley-based company. The deal will bolster the company’s hospitality supplies business, which already included the supplying of more than 1,000 hospitality businesses across the north, including restaurant groups, pubs, schools, and entertainment venues.
“We are delighted to share that we have acquired LTES. LTES is a great addition to PPS – with its strong customer base, and a complimentary product range. We felt that this was an ideal opportunity for us to progress our growth plans,” commented Joseph Fitzpatrick, Managing Director of PPS.
“We have a deep understanding, built up over two decades, of what it takes to successfully supply the hospitality industry. We understand that speed of service as well as quality is key. With depots in York and Keighley and 18 vans on the road delivering each workday, we look forward to continuing to provide exceptional service to even more customers across the Yorkshire region.”
The LTES acquisition follows PPS’ recent seven-figure purchase of Keighley-based Scott Janitorial Supplies. As with that previous acquisition, PPS were provided legal advice and support by Martin Frost, corporate partner at Andrew Jackson.
“We were delighted to be able to assist PPS on their latest acquisition. From the outset the PPS Board had a very clear plan for how they wished to approach the deal. By working closely with them and the other advisers, we were able to streamline the legal process and complete the transaction quickly for the benefit of all parties. We wish them every success as they take the LTES business forward as part of the growing PPS group,” concluded Martin Frost.