Rural employer snapped up by Irish giant
Green-tech, the Arkendale-based manufacturer and distributor of landscaping, forestry and grounds maintenance equipment, has been acquired by Irish agri-services group Origin Enterprises for an undisclosed sum.
Green-tech was founded in 1994 by Rachel and Richard Kay in Boroughbridge. In 2015 they developed Rabbit Hill Business Park, a few miles further south, just off the A1(M), and Green-tech moved into £3m purpose-built premises there.
The company now employs more than 80 people and includes landscape contractors, construction companies and professional growers nationwide among its customers.
Origin Enterprises, which is listed on the Dublin stock exchange, provides specialist on-farm agronomy services, digital agricultural services, and crop technologies, and is a market leader in Ireland, the UK, Belgium, Brazil, Poland, Romania and Ukraine.
Mr Kay said: “When Rachel and I started Green-tech we had great ambitions to be the ultimate one-stop-shop to the UK landscape trade. We have learnt and grown personally and professionally throughout this time.
“The Green-tech success story is beyond our wildest dreams and we are incredibly proud and grateful for what has been achieved. Throughout this journey we have made some lifelong friends, but none of it would have been possible without the dedicated team at Green-tech who are the backbone of the business. This deal reflects the ambition of Green-tech, very much onwards and upwards and definitely business as usual.”
Chris Clark, managing director of Origin’s Amenity business, said he was “delighted” with the acquisition, adding: “Origin Enterprises’ long-term strategy is to further enhance Origin’s amenity brands and the Green-tech acquisition is an ideal fit.
“Green-tech has a very experienced team, an extensive sector-focused product range, operates in complementary markets and brings a level of diversification. The Origin investment in Green-tech will allow us to better serve our customers whilst driving product development and accelerating growth.”