Headlam group takes to the Fells
Headlam is acquiring the business and certain assets of Roger Fell – known as Fells – with completion expected on November 29. Financial details have not been disclosed.
Fells, a distributor of residential floor covering based in Whitley Bridge near Goole, East Yorkshire, employs 35 people and has annual revenues of around £7m. Managed by Tim Fell, the business was founded in 1915 by Mr Fell’s great uncle Percy Fell, who manufactured rugs in Castleford.
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Hide AdFells moved to a purpose built warehouse in 1988 in Whitley Bridge. Mazars’ corporate finance team in Leeds, led by Oliver Hoffman and Will Brennand, advised Fells on the sale to Headlam.
Christian Hunt, of Leeds-based law firm Clarion, and Rhian Critchell, of Pinsent Masons in Birmingham, advised Fells and Headlam on the legal aspects respectively.