Abbeychart Announces Change of Ownership

Martin Butler

Abbeychart alongside its sister company Hawco Limited, has been sold to Bay Tree Private Equity LLP. The deal sees the Hawco group purchased by Baytree from previous owners of 20 years, Diploma PLC.

​​​​Abbeychart is a leading international value add supplier of component parts, spares and accessories to operators and OEMs in the vending, coffee, catering, soft drinks, beer dispense and water sectors across the UK, Europe, North America and Asia.

Bay Tree intends to invest in the Hawco group 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 Limited, said: ‘This is an incredibly exciting time and a huge opportunity for the business. It will bring the tools needed to build further on the value-add services we offer, ensure we have the most up to date product offerings for our customers and expand on the success of our international sales, an area that is now core to the business.

‘We look forward to seeing how our growth can develop our value-add services and build on the strong relationships we have with our customers and suppliers.’

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The Editor

Planet Vending’s Editor is Ian Reynolds-Young and it’s Ian’s unique writing talent that has made PV what it is today – the best read (red) vending blog in the world, and vending’s best read (reed). Ian ‘tripped and fell into vending’, in the capacity of PR executive, before launching a specialist agency, ‘reynoldscopy’, dedicated to the UK Vending business. The company continues to represent the interests of many of the sector’s leading brands.

‘It’s all about telling stories’, he says. ‘We want to make every visit to PV a rewarding experience. By celebrating the achievements of the UK’s operating companies, we’re on a mission to debunk the idea that vending is retailing’s poor relation.’

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