INDUSTRY
Mayflower KBB, established in 2006, supplies bathroom, bedroom, and kitchen products to domestic customers, hoteliers, and house builders across the UK and Europe.
Under Avondale’s guidance, the company’s sale was completed at full market value, encompassing strategy, valuation, tax clearance, and the establishment of an Employee Ownership Trust (EOT). This move allowed shareholders to realise the business’s value while creating a positive legacy by transitioning ownership to employees. The sale enables the exceptional customer service and culture to be maintained and progressed.
” The Avondale team provided highly professional and great support throughout the complex EOT transaction process. We strongly recommend them for their expertise and professionalism in this field.”
James Wood, Mayflower Group
sold to Employee Ownership Trust