OWLIE185
Well-Known Member
RIDE-AWAY ACQUIRED BY DERBY HOUSE STABLE
5th October, 2016
Yorkshire retailer Ride-Away has been sold by Pets at Home to become a stable-mate of Derby House.
The new owner of Ride-Away is Newtyle Nominees.
We are pleased to acquire this well respected business and look forward to further developing its success, said Martin Turley, managing director of Newtyle Nominees.
Mr Turleys co-director at Newtyle Nominees is Nigel Cayzer.
Derby House was acquired from administrators in 2013 by Newtyle Trading Company, of which Mr Turley is now the sole director.
He told ETN that it is business as usual for Derby House and Ride-Away with both retail operations retaining their respective public facing branding.
Ride-Away will continue to trade from the store at Sutton-on-the-Forest, near York, as well as via its website. Derby House remains internet only.
Mr Turley said that discussions were underway with regards to the potential for joint buying from suppliers.
He also announced the appointment of Simon Taylor as e-commerce director. Simon previously worked for Comfy Quilts in Manchester.
Mr Turley did not disclose the sum paid by Newtyle Nominees for Ride-Away.
Martin Turley has been involved with the equestrian industry for more than 25 years. A former director of wholesaler Westgate, he owned Aquacats footwear which was manufactured in his factories in Scotland. He has since sold the factories.
Ride-Away was founded in 1980 by Stephen and Angela Clarke and sold to Pets at Home at the end of 2012.
5th October, 2016
Yorkshire retailer Ride-Away has been sold by Pets at Home to become a stable-mate of Derby House.
The new owner of Ride-Away is Newtyle Nominees.
We are pleased to acquire this well respected business and look forward to further developing its success, said Martin Turley, managing director of Newtyle Nominees.
Mr Turleys co-director at Newtyle Nominees is Nigel Cayzer.
Derby House was acquired from administrators in 2013 by Newtyle Trading Company, of which Mr Turley is now the sole director.
He told ETN that it is business as usual for Derby House and Ride-Away with both retail operations retaining their respective public facing branding.
Ride-Away will continue to trade from the store at Sutton-on-the-Forest, near York, as well as via its website. Derby House remains internet only.
Mr Turley said that discussions were underway with regards to the potential for joint buying from suppliers.
He also announced the appointment of Simon Taylor as e-commerce director. Simon previously worked for Comfy Quilts in Manchester.
Mr Turley did not disclose the sum paid by Newtyle Nominees for Ride-Away.
Martin Turley has been involved with the equestrian industry for more than 25 years. A former director of wholesaler Westgate, he owned Aquacats footwear which was manufactured in his factories in Scotland. He has since sold the factories.
Ride-Away was founded in 1980 by Stephen and Angela Clarke and sold to Pets at Home at the end of 2012.
