A supplier of bingo and fundraising products which started out by supplying working mens’ clubs in the North East has been snapped up by a Yorkshire gaming group.
Crystal & Son, based in Longbenton, North Tyneside, now supplies club and fundraising products including everything from football scratch cards, bingo dabbers and raffle tickets, to bingo books, bingo machines and payment cards.
The firm – which originally traded as Bill Grimes printers but changed its name to Crystal & Son in 1991 – initially supplied working mens’ clubs throughout the North East with printing of membership cards, tote tickets and key draw tickets, but expanded the business to introduce bingo products to its portfolio.
Now the business has been snapped up by Leeds-based Dransfield Novelty Company Limited, the largest British-owned UK supplier of gaming machines and entertainment products to pubs and clubs. Chris Hayley, managing director of Dransfield, said the strategic purchase – made for an undisclosed amount – marks another milestone for the family-owned business, which has traded for 75 years.
The acquisition, which comes five years after its purchase of Gameco Holdings Limited, boosts Dransfield’s range of goods and services it can supply to pubs and clubs while complementing its core operations, bringing valuable expertise to the enlarged group.
Mr Hayley said: “We look forward to integrating Crystal & Son Group into our operations and continuing our mission to deliver high-quality products and services to our customers.”
Legal advice for Dransfield was provided by Schofield Sweeney with Jack Venable, Michael Cantwell and Simon Hellewell providing the corporate and real estate aspects. Malcolm Coomber and Katie Brockhurst from Clarkson Hyde acted as corporate finance advisers and Savage Silk – Chris Morgan and Pamela Thompson, provided legal advice for Crystal & Son Group.
Mr Venable said: “We’re delighted for Chris and the team at Dransfield as this transaction represents another success story, underscoring their ongoing growth and industry leadership.”
Original artice – https://business-live.co.uk/all-about/yorkshire-humber