Sharmans Agricultural has agreed to acquire the business of Louth Tractors, the Case IH main dealer for the central and northeast Lincolnshire area. The deal has been agreed by both parties and the process is now underway to finalise the details over the coming months.
Louth Tractors will operate as normal but under the new ownership and management of Sharmans Agricultural and the Barclay family. The agreement seeks to achieve continuity for both the Louth Tractors team and customers, while enabling Sharmans to expand its’ business. All employees will transfer as part of the agreement and the existing branch location in Louth will initially be retained while new premises are developed.
“Growth in this industry has become a necessity,” comments Sharmans managing director Scott Barclay. “However, as a family-run business, people are at the centre of what we do, be they the staff that make up the Sharmans family, or our customers and business partners. These decisions around growth are never taken lightly and Sharmans along with farming family AW Smith (Farm Machinery), trading as Louth Tractors, have worked together, closely, amicably and openly in securing the agreement to the benefit of all parties.”
Picture: From left to right: Sharmans marketing director Sally-Anne Hazard, John Smith director Louth Tractors, managing director Scott Barclay of Sharmans and James Madge Sharmans aftermarket director.
