Newcastle Joinery Limited (NJL) of Easingwold has been acquired by the KWC Group.
NJL’s products include beds, in cell shower pods and video conference booths where prisoners can talk to lawyers.
Customers include the Prison & Probation Service, Young Offender Institutions (YOI), Immigration Removal Centres (IRC), police forces, the Crown Prosecution Service (CPS) and the Ministry of Defence (MOD).
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Founded in 1874 in Switzerland, KWC Group is noted for specialist toilets and water management systems. It operates in the UK, Europe and the United Arab Emirates.
As part of the acquisition, NJL’s CEO and founder Jamie Greenwood will remain in the business to work alongside KWC Group’s senior leadership team to support the next phase of growth.
Mr Greenwood, who founded the company in the 1990s, said: “This merger will give our already well-known products and services significantly greater marketing leverage and enable us to further develop fast-growing markets.
“With the backing of KWC Group, we have more scope to offer customers greater in-house services in the UK and further afield.
“Utilising our new location in York, we can continue to leverage our homegrown expertise to foster relationships with existing and new markets.”
Tax and auditing company RSM UK Ltd advised on the deal, with Leeds law firm Ward Hadaway providing legal advice.
RSM corporate partner Steve Hubbard said: “With UK prisons currently facing significant overcrowding challenges, this transaction will bolster the provision of safe and secure solutions by bringing together two closely aligned businesses.
“I am confident that NJL and KWC Group will continue to grow as they benefit from the combined experience, expertise and exposure to markets in the UK and overseas.”
