Sharmans Agricultural Limited has announced an agreement in principle to acquire Louth Tractors, the main Case IH dealer for central and northeast Lincolnshire. Both parties have agreed on the deal in principle, with the process of finalising the details now underway.
Sharmans, based in Grantham, is a family-run machinery dealership that currently operates eight depots from the Chesterfield area down to the M25. The business become a Case IH dealership in April 2020.
Commenting on the development, Jon May, Case IH dealer relationship manager for the UK and Ireland said: “We are delighted that Sharmans are continuing to expand their business. This is the second depot they have added to their operation since becoming a Case IH dealer just two years ago in 2020, and we are excited to watch their business flourish. The team are especially suited to serve the professional farming community in this key geographic area and we very much value the excellent support and service they are providing to customers old and new.”
Sharmans has been run by the Barclay family since 1981, currently under managing director Scott Barclay. He said: “Growth in this industry has become a necessity. However, as a family-run business, people are at the centre of what we do, whether they are the staff that make up the Sharmans family, or our customers and business partners. These decisions around growth are never taken lightly and Sharmans along with farming family AW Smith (Farm Machinery) Ltd, trading as Louth Tractors, have worked together closely, amicably, and openly in securing the agreement to the benefit of all parties.
“For our existing and new customers, the combined dealerships offer the ability to invest further in our team, our facilities and technologies so that we can go much further in supporting your businesses and delivering an exceptional customer experience.”