Overnight we increased the availability and quality of management information by at least ten-fold. The systems are already changing the way we do business to serve the customer better. We now know that our peak lunch time trading time is between 11 am and 1pm, so we can adapt staffing levels to match. Service is what our business is all about.
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Sanderson makes largest acquisition since floatation
£14 million acquisition
Sanderson today announced the acquisition of Retail Business Solutions Group Limited (RBS)
Based in Milton Keynes, RBS was formed in 1988 and is a well established provider of solutions to the retail sector. The Company markets and supports solutions which provide front and back office electronic point-of-sale systems including the highly successful Retail-J software together with a full range of IT services. RBS employs 74 people and has approximately 200 customers throughout the UK and Ireland, including Blacks Leisure, Harrods and French Connection.
The acquisition of RBS significantly enhances the Group’s market position and the multi-channel retail customer base will increase to over 600 clients. The enlarged Sanderson product and services portfolio will provide good opportunities for cross-selling, and the managed service capability within RBS provides an exciting opportunity to further develop the Group. The success of RBS in gaining new clients, with recent additions including Slater Menswear and Wyevale Garden Centres, is expected to add further momentum.
Commenting on the acquisition, Christopher Winn, Executive Chairman of Sanderson, said:
"We are delighted to welcome Dave Mahoney and his team into the Sanderson Group.
This is the latest in a series of investments in our multi-channel retail division which will now account for approximately 80 per cent of the Group’s revenues. We have made good progress in this active sector and the acquisition of RBS will expand our product portfolio, increase our customer base and provide trading synergies within the Group. We are confident that RBS will make a significant contribution to Sanderson in the future, providing new revenue streams and greater market opportunities " .
For more information contact:
Lisa Parry
024 7655 5466
lisa.parry@sanderson.com
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