Textile services provider set to expand Yorkshire and South East reach in 2020

A national textile services provider is set for growth in 2020 after its full-year performance are expected to have “exceeded market expectations”.

Johnson Service Group (JSG) has announced in a trading update today that it has had a ‘strong’ performance ahead of its full-year results, due to be published in March.

In November 2019 the firm acquired Fresh Linen Holdings Limited, which supplies linen to hotels and gym clubs in the hospitality market in the South East, in a £12.5m deal.

The acquisition complements the firm’s £10m investment plan in its new high volume linen plant in Leeds, which is set to open this spring.

Peter Egan, chief executive officer of JSG, commented: “This has been a strong trading period despite the general uncertainty in the UK economy.

“We have achieved consistent organic growth and, with this latest acquisition in the South East, are expanding into a new geographical area where we are currently under represented for servicing our high volume linen customers.

“We are delighted that 2020 will see the opening of the new plant in Leeds providing further capacity and are confident that with these new geographies, our established client base and operational expertise, we will continue to deliver future organic growth.”

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