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A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Ahrend mops up Techo shares

Monday 3 March 2008

Ahrend has recently acquired the remaining shares of British office contract furniture company TECHO UK “Through this step,” said Ahrend’s CEO Jacq de Bruin, “TECHO UK, which has tremendous growth potential, will become a full operating company of the Ahrend Group. Full ownership will make it easier for us to make use of the opportunities TECHO UK offers and to realise additional growth in the British office furnishing market.”
The companies complement each other with Ahrend is active in the high mid and top segments of the market and TECHO
UK, at the mid segment of the office furnishing market. The two companies will maintain their independence in the British market, each with its own identity and each aimed at their own market segments. TECHO UK’s top management – Barry
Foley (Managing Director) and Martin Kejval (Director Finance & Operations) – will remain in their respective positions. On the UK market, TECHO UK will act independently of Ahrend’s existing UK operation, which is also based in London.
“I am very happy with this move,” said Mr. Foley. “TECHO UK has grown considerably over the last years and Ahrend can help us to realise and manage future growth. We form part of
a financially sound, international player with a clear vision and strategy, which values our potential and allows us the space to operate in a promising market whilst maintaining our independence and identity.”

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