Taylor Made Franchising acquires Chemex International
Taylor Made Franchising has acquired Chemex International for an undisclosed sum, adding it to its existing nine franchise brands: Stump Busters, PVC Vendo, Wilkins Chimney Sweep, Thomas Cleaning Franchise, Iconic Window Cleaning, Mister Tacho, Broadway Wine, Women In Business Network (WIBN) and Wagging Tails.
The acquisition will bring the annual network turnover to 32 million with approximately 100 franchisees across ten brands.
Chemex International is a hygiene specialist, providing a range of products and services to markets including hotels, restaurants, pubs, care homes, ambulance organisations and food manufacturers.
The company was founded in 1985 and currently has 27 UK-based franchisees and three international licensees in Denmark, Ireland and Cyprus. The head office consists of eight members of staff. Chemex was owned by Michael Graham, Omer Farooqui and Melvin Lusty.
On the sale, Michael Graham said: “During the pandemic, as a noted supplier of hygiene products, we were chased by many companies purely interested in our turnover, but they didn’t want to know about the franchise system. With 30 years’ personal experience in franchising, any potential acquirer had to confirm that this well-proven business mechanism would continue under the Chemex brand. Darren ticked all the right boxes.”
He continued: “We knew if we sold to Darren both the staff and the franchise network would be protected. We know that he and his team will bring new energy to the business that will help it move forwards and take it to the next level.”
MD of Taylor Made Franchising Darren Taylor said: “I am pleased to have successfully acquired Chemex International, adding it to our growing stable of franchise brands. It is our largest acquisition to date and is a good fit with our other van-based franchises. We are building a strong ecosystem here at Taylor Made Franchising, with brands serving each other with relevant products and skills. Thomas Cleaning and PVC Vendo will now use Chemex products across their networks for cleaning homes, offices and vehicles.”
He concluded: “I’d like to welcome the staff and franchisees to Taylor Made Franchising, things at Chemex will be ‘business as usual’ and my team and I look forward to meeting them soon.”
ENDS July 2022
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