Bedding & curtain specialist acquired by Northern Ireland home textiles firm

La Salle can report that Manchester-based J Rosenthal & Son who specialise in bedding, curtains and cushions have been bought by home textile specialist Ulster Weavers after the secured a £15m funding package from HSBC UK.

Businesses acquired: J. Rosenthal And Son Limited

Activities: Incorporated in 1989, the company is engaged in the wholesale distribution of a range of household textile producst made from purchased materials. Their origins can be traced back to 1911 and they currently operate from a 62,000 sq ft warehouse facility in Salford, Greater Manchester.
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Purchaser: Ulster Weavers Limited

Activities: Founded in 1880 and incorporated in 2010, the company designs, produces and sells a range of homeware, kitchenware, bags and more. Their head office is based in Holywood, County Down.

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Additional info:

Kenneth Webb, chief executive of Ulster Weavers, said: "We've been hoping to expand our offering to include a bedding and curtains business for some time now, so when the acquisition of J Rosenthal & Son became an option we knew it was the right time to expand into the new market.

"Ulster Weavers and J Rosenthal & Son are very alike in what we do but we aren't blending the two businesses together. Both are very established in their areas and we’re looking forward to continuing to work out of Manchester with the existing team at J Rosenthal & Son."

Marty Colvin, relationship director at HSBC UK, added: "Ulster Weavers has always had a clear strategy for growth and we are very pleased to support this natural next step for the business. The acquisition will significantly benefit the expansion and development of the now enlarged business, offering new growth opportunities domestically and internationally."