23rd September 2016.
The Ethos Group expands its supplies offering with the acquisition of Supplies Direct.
The Ethos Group has acquired Peterborough-based Supplies Direct.
Based in Peterborough, Supplies Direct are an office supplies business which commenced trading in 1987.
With over 650 customers throughout the East Midlands and East Anglia, the acquisition of Supplies Direct will enable the Group to fully utilise Walters Limited’s, part of the Ethos Group of companies, extensive business offering and substantially increases our business and capability in Peterborough as the largest independent supplier in the area.
This acquisition will increase the Ethos Group’s annual revenues and EBITDA by a further £2m and £0.5m respectively.
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