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FRP has advised bathroom products distributor Robert Lee in its sale to Roxor Group, preserving 151 jobs.
Robert Lee, established in 1946, is a national distributor of bathroom, shower and plumbing products, supplying a range of brands as well as manufacturing its own product line.
The business group – which includes Robert Lee Distribution Limited, RLD Stock Limited, Yorkshire Shower Trays Limited and Aquadart Brands Limited – employs personnel across multiple locations in London, WIltshire, Greater Manchester and Yorkshire.
Roxor Group, based in Halifax, is one of the UK’s fastest growing suppliers of bathroom products, having traded for more than 35 years.
FRP restructuring advisory team, led by partners Anthony Collier and Simon Farr, ran an accelerated sales process and completed the pre-pack sale of the group and its assets to trade buyer Roxor Group Limited.
Collier said: “Robert Lee was a firmly established operation, managing more than 30,000 product lines to a loyal customer base. However, it was not immune to the economic pressures felt across a range of sectors in recent years.
“We’re pleased to have found a high quality buyer in Roxor Group, preserving the heritage of the business as well as a large number of jobs across the country.”
