Dormole Limited, a leading supplier and distributor of professional quality hand tools, has acquired the business and assets of Rollins and Sons (London) Ltd through its subsidiary, Galleon Tools Group, marking the latest step in the group’s strategic growth.
Established in 1972, Dormole Limited is a holding company that trades entirely through its subsidiaries and specialises in the distribution and brand development of hand tools, power tools and related consumables and accessories to resellers. Its customer base includes trade, industrial and agricultural merchants, buying groups, specialist DIY and hardware stores, and online retailers.
With a strong track record of supporting specialist tool businesses, the acquisition will provide Rollins & Sons with increased financial strength and operational support. The existing commercial team will remain in place, with Stuart Elsom continuing as Managing Director.
The deal was led by Michael Cantwell, Partner in our corporate team, with support from a multidisciplinary team of solicitors in our corporate, property and commercial teams, who advised on all aspects of the transaction, including the trading business, property and stock.
Dave Rogers, Managing Director of Galleon Tools said: “Rollins has built an outstanding reputation over the past century, with strong customer relationships and a highly knowledgeable team. We are delighted to welcome Stuart and the entire Rollins team into the Galleon Tools Group.
“Through this acquisition, we are providing long-term stability and backing to the business and the respected brands it represents, ensuring they continue to thrive in a competitive market. We look forward to building a strong working relationship, providing the support and infrastructure needed to ensure continued success, while preserving the heritage and expertise that make Rollins such a respected name in the industry.”
Michael Cantwell commented: “Dormole is a long-standing client and we’re proud to support them in this new chapter as they continue to grow and expand their capabilities. It was a pleasure to work alongside the team to deliver a smooth transaction and bring the deal to completion within a tight timeframe.”