close

Sharmans Announce Intent To Acquire Louth Tractors Ltd

Sharmans Agricultural Ltd are pleased to announce an agreement in principle has been reached to acquire the business of Louth Tractors, the Case IH main dealer for the central and northeast Lincolnshire area.

Sharmans Agricultural Ltd are pleased to announce an agreement in principle has been reached to acquire the business of Louth Tractors, the Case IH main dealer for the central and northeast Lincolnshire area. The deal in principle has been agreed by both parties and the process is now underway to finalise the details over the coming months.

Louth Tractors will operate as normal but under the new ownership and management of Sharmans Agricultural Ltd and the Barclay family. With shared reputations for quality, honesty, hard work and family values the agreement seeks to achieve continuity for both the Louth Tractors team and customers, while enabling Sharmans to expand its’ business and build on the success of the Case IH brand and enhance the customer experience.

 

All employees will transfer as part of the agreement and the existing branch location based in Louth will initially be retained while new premises are developed.

 

The agreement confirms Sharmans position as one of the UK’s leading family-run machinery dealerships and positions us well to maximise the potential of both businesses in a rapidly changing world.

 

For our existing and new customers the combined dealerships offers the ability to invest further in our team, our facilities and technologies so that we can go much further in supporting your businesses and delivering an exceptional customer experience.

 

Scott Barclay explains “Growth in this industry has become a necessity.  However, as a family-run business, people are at the centre of what we do, be they the staff that make up the Sharmans family, or our customers and business partners.  These decisions around growth are never taken lightly and Sharmans along with farming family AW Smith (Farm Machinery) Ltd, trading as Louth Tractors, have worked together, closely, amicably and openly in securing the agreement to the benefit of all parties.”

Sharmans Of Grantham

College Farm
Gonerby Moor
Grantham
NG32 2AB

Sharmans Of Melton

Beler Way
Leicester Road
Melton Mowbray
LE13 0DG

Sharmans Of Stamford

Stamford Road
Easton on the Hill
Stamford
PE9 3NS

Sharmans Of Lowdham

The Old Grain Store
Old Epperstone Road
Lowdham
NG14 7BS

Sharmans Of Pytchley

Pytchley Lodge Farm
Isham Road
Pytchley Kettering
NN14 1HA

Sharmans Of Eltisley

Eltisley Business Park
Potton Road, Abbotsley
St. Neots
PE19 6TB