Clarion advises Bond International on latest acquisition

Yorkshire-based Bond International, a tyre wholesale, has acquired Spring Distribution (Scotland) Ltd, along with its 200,000 sqft warehouse in Scotland to support its ongoing growth ambitions.

Leeds-based law firm, Clarion, advised on the deal, along with three other acquisitions from Bond earlier in 2024.

Stepgrades Motor Accessories Ltd, trading as Viking Wholesale Tyres, and Birkenshaw Distributors Ltd were all acquired from Halfords Group earlier this year, as Bond partnered with Halfords to distribute tyres throughout its network.

The recent acquisition of Spring, and its 200,000 sqft warehouse in Bathgate, Scotland, will support Bond in servicing a large proportion of Scotland. Due to the warehouse’s central location on the M8 belt, Bond will be able to deliver several times a day to Glasgow and Edinburgh.

Bond International CEO, Charlie Bond, said: “Another part of our expansion plan was a site in Scotland. We have been fortunate to find a warehouse not only big enough for our anticipated sales levels, but in the perfect location, logistically, to be able to give all of our Scotland based customers high delivery service levels.

“This is another step in our ongoing expansion plan and the team at Clarion were integral in facilitating and supporting the deal. We look forward to working with them further as we continue to expand.”

Jonathan Simms, Partner in Clarion’s corporate team said:We’re always pleased to support thriving businesses with an entrepreneurial spirit that matches our own. Bond are a pleasure to work with and the team are really enjoying supporting them on their exciting journey. This latest acquisition in Scotland further enhances Bond’s excellent customer service.”

 

Image: Provided by MGC Agency. 
Emma Cockings
Emma is the content editor for Yorkshire Legal News. Emma is an experienced writer with a background in client-centric personal injury law for a major firm. She has attended and reported on numerous high-profile legal events in Yorkshire.