ACR-MAY23-PG05.qxp_Layout 1 2/5/23 09:51 Page 1


NEWS


Hawco under new ownership H


awco has been sold to Bay Tree Private Equity, who purchased the business


from previous owners of 20 years, Diploma. Bay Tree intends to invest in Hawco to enable the business to take advantage of the opportunities to reach the next level of growth in both the UK and Overseas markets. Martin Butler, managing director of Hawco said: “This is an incredibly exciting time and a huge opportunity for the business. It will bring the tools needed to build further on  ensure we have the most up to date  and expand on the success of our international sales, an area that is now core to the business.” Bay Tree further added: “We are delighted to be supporting Martin and his team to complete the


management buyout of Hawco. We have been impressed by Hawco’s depth of technical support for customers and by its strength in supplier relationships. Its resilience was proved during lockdown and with access to funding we believe it can build on this strong foundation.”


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