/High-quality furniture maker Burdew bought for £800,000

High-quality furniture maker Burdew bought for £800,000

By Greg Wright
ONE of the UK’s fastest growing workplace interiors companies, the Eastlake Group, has acquired Leeds furniture manufacturers Burdew Contract Furniture for £800,000.


Burdew was established in 1974 and employs 28 staff. The company, which produces low-volume, high-quality furniture for clients such as the Commonwealth Secretariat, last year reported a turnover of £2.8m and a profit of £150,000. The Eastlake Group has been a customer for five years.

No jobs will be lost as a result of the acquisition and it is hoped that later this year the company will be looking to recruit more sales staff.

David Eastlake, chief executive of the Eastlake Group, which is based in East Kilbride, Scotland, said: “This acquisition strengthens our presence in the North of England while adding an-other dimension to the service we are able to offer our customers across the UK.”

Eastlake plans to increase its turnover from £8m to £34m following a recent management restructure and a series of acquisitions. The Burdew deal brings its total workforce to 160. Burdew was advised by the Leeds office of accountants Mazars.
Last Updated: 07 May 2014