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OyezStraker Group Acquires Trendex
January 2008 – Trendex
Limited based in Bury St Edmunds, with an additional office in Braintree,
is a long established supplier of stationery and office furniture.
The turnover of the group is £3 million. OyezStraker Office
Supplies Limited acquired 100% of the shares of Trendex on 22ndJanuary
2008. OyezStraker is part of the OyezStraker Group with a total
turnover of £190m per annum.
The owner of Trendex Linda Kenneally will remain
as Managing Director and will work with Trendex staff and OyezStraker
to maximise the opportunities for Trendex as a result of this acquisition,
such as nationwide distribution, increased purchasing power and
logistical economies of scale.
Jeff Whiteway, CEO of
OyezStraker commented as follows:
“We are very pleased to welcome Trendex, Linda Kenneally and
her team into the Group. We are confident that they will prosper
in the same manner as our other acquired businesses through retaining
their local presence and service while leveraging the size and expertise
of OyezStraker.
Linda Kenneally, MD of Trendex commented:
“I am pleased to announce the acquisition of Trendex by OyezStraker.
This allegiance between our two companies will now further help
Trendex to significantly move forward with plans to grow its business,
and remain one of the leading stationery
suppliers within East Anglia”.
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