Turning a new leaf as multi-million pound sale is agreed

Azets, the regional accountancy and business advisor to SMEs, has advised on a multi-million-pound sale of self-watering planter and litter bin manufacturer, Amberol Limited, to Leafield Environmental Limited.

Established in 1969, Amberol is a family business based in Derbyshire that specialises in the manufacture of self-watering planters and litter bins.

Using efficient rotational moulding plastic manufacturing processes, the company has consistently delivered high-quality, reliable and sustainable products that are sold into councils, supermarkets and horticultural suppliers.

With more than 30 years of experience in premium plastic products, using similar innovative design and manufacturing expertise, Leafield Environmental Limited is now the new owner of Amberol.

Exiting managing director of Amberol, Patience Atkinson, said: “As a shareholder of a family business, choosing the right time to exit was a challenge.

“Thanks to guidance from the Azets ' team, namely Mark Selby, Tom Eastwood and Doug Allan, who delivered full advisory service to us as the vendors, we 're confident in the continued success of Amberol under Leafield Environmental 's wing, at a crucial time in growth for both companies.

“We wish the team at Leafield Environmental all the best and look forward to following their journey. ”

Mark Selby, partner at Azets added: “Working with the shareholders and management of Amberol has been a highly enjoyable journey from start to finish. In partnership with our Azets colleagues and Nelsons Solicitors, we delivered a fantastic deal for our client.

“Amberol 's products and brand are well-recognised within the street planter and street furniture market. New owners, Leafield, were identified as an ideal buyer for the business due to the overlap in offering and outlook. We look forward to seeing the continued success of Amberol under Leafield 's ownership. ”

Azets provided corporate finance and tax advisory services to the shareholders of Amberol, alongside David Kaplan and Liz Mills of Nelsons Solicitors Limited.

Pictured: One of Amberol 's self-watering planters