Auctioneers Frank Marshall of Knutsford and Wright Manley of Beeston, both in Cheshire, have announced that they are to merge.
The merger will take effect next year on
April 1, 2014 and the new firm will be called Wright Marshall
Peter Ashburner, a partner in
Knutsford-based Frank Marshall, who will head up the new division,
said they will employ over 150 full and part-time staff.
"The two businesses complement each other
very well and the creation of a new fine art division bringing
together the Marshall House saleroom, and the Beeston saleroom run
by Wright Manley, gives us a greater presence and level of coverage
in the region.
"There is no geographical overlap and
together we can provide a stronger, more comprehensive service to
our clients," he added.
The new firm will continue to offer the full
range of services currently provided, ranging from livestock,
horticultural, machinery and fine art auctions through to
residential, commercial and agricultural property sales and other
Springboard for Growth
"This merger has come about following
lengthy discussions between the two firms," said Nigel Eckersley,
chairman of Wright Manley, whose saleroom is at Beeston Castle.
"Our aim is to create a major agricultural and land-based business
hub serving this part of the country. We intend to use the merger
as a springboard for expansion and growth of the new firm."
Frank Marshall began as a business at
Chelford Cattle Market when Frank Marshall purchased the market
site in 1947. The roots of the firm go back much further, however,
as a result of the acquisition of the practices of Marsh & Son
(founded in Northwich in 1843), Mainwaring Stafford of Warrington
and J K Hill Hampson of Buxton. Wright Manley has developed over
more than 100 years from the amalgamation of businesses such as
Joseph Wright, Leonard Wright & Co and Henry Manley & Co
Alongside the merger, the business will be applying for planning
permission for a new market centre at Middlewich, as their lease on
Chelford Market expires in 2015.