ESPO Trading Limited announces its first acquisition

Published on 28/06/2018

ESPO Trading Limited, part of the ESPO consortium has announced it has acquired Eduzone, a specialist in early years and sensory products. This will extend and enhance ESPO’s early years range and offering, and create a strong and stable platform for Eduzone to grow within the ESPO consortium’s banner.

 
This is the first acquisition for ESPO Trading Limited, as ESPO utilises its strength and the resources of its owners to grow and develop its customer offer. Kristian Smith, ESPO Director says "I’m absolutely delighted to have secured this acquisition for ESPO as it will bring real benefits and an increased product range to both ESPO and Eduzone’s customers. Furthermore, this acquisition is a great step towards building volume and market share as part of ESPO’s strategic growth plan."
 
Nigel Thorogood, current MD of Eduzone says “we are delighted to have teamed up and been acquired by ESPO in order to grow Eduzone. The ethics shared by both companies and the natural synergy will result in a bigger and better offering of products with a higher quality of service.”
 
Eduzone customers will continue to receive the great service they always have, with no disruption of supply, while ESPO’s customers will benefit from a 30% increase in their early years product range.
 
As winner of the Education Resources Awards in both 2017 and 2018, ESPO’s new venture is embarking on an exciting volume based growth strategy, with the completion of this acquisition being the start of an exciting plan of activity over the coming years.

 
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