News: Logic Office Group becomes Staverton (UK) Ltd
Logic Office Group, the long established office furniture and fit-out specialist, has been renamed Staverton (UK) Ltd.
The firm's manufacturing base is at a 35,000 sq ft factory in Hellaby in Rotherham and the change sees the business leave their base in Hounslow, Middlesex.
The group's history began as a wholly owned subsidiary of Black Arrow Group Plc in 1959. They joined the London Stock Exchange and grew threw a number of acquisitions, including acquiring the Staverton name in 2002.
In 2009, a successful buy-in management buy-out of Logic Office Group took place and the directors of Logic jointly acquired a 40 per cent stake in the business. This was complemented by a 60% stake held by a consortium of shareholders headed by office interiors specialist, Mike Gardner.
Gardner, who continues as managing director of Staverton (UK) Ltd said: "This change allows us to focus on building our furniture business into a major player in the industry. Both Logic and Staverton have had a strong presence in the office furniture industry for over 25 years and now is the time to consolidate our business under a single identity.
"The creation of Staverton (UK) Ltd allows us to leverage the Staverton brand, which has gained significant profile following securing a number of major contracts including The Co-operative Group's new headquarters, and concentrate on our UK manufacturing operation, which gives us a real point of difference in the market."
The £1.2m contract with The Co-operative involves the manufacture of 2,800 workstations for the group's new 400,000 sq ft head office in Manchester.
Staverton website
Images: Staverton
The firm's manufacturing base is at a 35,000 sq ft factory in Hellaby in Rotherham and the change sees the business leave their base in Hounslow, Middlesex.
The group's history began as a wholly owned subsidiary of Black Arrow Group Plc in 1959. They joined the London Stock Exchange and grew threw a number of acquisitions, including acquiring the Staverton name in 2002.
In 2009, a successful buy-in management buy-out of Logic Office Group took place and the directors of Logic jointly acquired a 40 per cent stake in the business. This was complemented by a 60% stake held by a consortium of shareholders headed by office interiors specialist, Mike Gardner.
Gardner, who continues as managing director of Staverton (UK) Ltd said: "This change allows us to focus on building our furniture business into a major player in the industry. Both Logic and Staverton have had a strong presence in the office furniture industry for over 25 years and now is the time to consolidate our business under a single identity.
"The creation of Staverton (UK) Ltd allows us to leverage the Staverton brand, which has gained significant profile following securing a number of major contracts including The Co-operative Group's new headquarters, and concentrate on our UK manufacturing operation, which gives us a real point of difference in the market."
The £1.2m contract with The Co-operative involves the manufacture of 2,800 workstations for the group's new 400,000 sq ft head office in Manchester.
Staverton website
Images: Staverton
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