Corporate Announcements

 

CPL Acquires G Northover & Sons Limited


CPL is pleased to announce the acquisition of the solid fuels business of G Northover & Sons Limited.
 
The acquisition sees CPL Distribution Limited acquire the solid fuel trade and assets of G. Northover & Sons Limited which trades under the "Northover Fuels" name.
 
The distribution of solid fuels to domestic end consumers has become an increasingly competitive environment.  Recent years have witnessed greater e-commerce sales and a stronger presence by retailers selling solid fuels.  This acquisition will ensure consumers can continue to be supplied by a reliable and experienced solid fuel distributor and will broaden CPL Distribution's presence in the region.  It will enable CPL to continue offering the best service in the industry to customers at competitive prices.  CPL looks forward  to working closely with the customers of Northover Fuels and offering a dependable and well established trading partner.

CPL also welcomes Neil and Darren Northover continuing to support the business whilst CPL looks to integrate the acquired business into its operations.
 
Tim Minett, CEO of CPL Industries, commented:  "We are pleased to have completed this acquisition which will provide consumers in the South West of England with a reliable, efficient and cost-effective supplier of solid fuels.  We welcome Northover Fuels' solid fuel staff to CPL Distribution and look forward to continuing to support all customers in their solid fuel requirements".

Post date 23/08/2017

CPL Industries

The UK's largest coal merchant and wholesaler. CPL is also the largest producer of solid fuel briquettes in Europe.

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