Posted on 2nd August, 2007

Crosswater Limited announces the acquisition of Prospect Sales C

Prospect Sales is based in Stockton, Durham, where the workforce will continue to operate from the existing premises as a subsidiary of the Crosswater holding company. The Stockton-based business will become the Northern distribution centre for the Simpsons shower enclosures business, and will service the North Eastern, North Western and Scottish territories on an enhanced delivery cycle of just two days. The three Northern area sales managers, Karen Morley, Sharon Davies and Allyson Doak will be based at this Northern distribution centre. David Hance, Crosswater's Group Managing Director commented "I am delighted that we have completed the acquisition of a company which has a strong infrastructure of people who are well placed to facilitate further growth in our Northern regions. We are all looking forward to working with the team at Prospect Sales." John Nelson, founder of Prospect Sales, will withdraw from the day-to-day activities as part of his retirement plan. The business will be headed by Peter McKenzie, Simpsons Operations Manager, Guildford, Surrey. For further information on Crosswater, please call 0845 873 8840.

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