Yorkshire-based KBB company Passmore Group has expanded its business, having successfully acquired Yorkshire Plumb Supplies in Otley.
Yorkshire Plumb Supplies is a kitchen and bathroom showroom which was founded in 2006 by Sam and Michelle Barghout. According to Passmore Group, following the acquisition, Sam plans to step back from the business to pursue other interests, but Michelle will be joining the company in a sales and design role.
The news marks the company’s third major expansion in the past decade. This follows its acquisition of Charms Bathrooms in Harrogate in 2017, and the opening of a 1,000 sq. ft. concession at Whiteley’s Garden Centre in Mirfield in 2019.
Tony Passmore, company chairman of Passmore Group, said that the acquisition aligns with the company’s plans for continued growth. He said: “Our growth strategy is all about finding opportunities to expand our reach. For the past five years, Otley has been a key target for us, aligning perfectly with our central hub strategy.
“It’s essential that any business we acquire shares our core values, and YPS embodies that completely. Sam and Michelle have built a fantastic reputation over the last 19 years, and we’re honoured that Sam trusts us to continue their legacy.”
Sam Barghout, founder of Yorkshire Plumb Supplies explained: “Our dream was always to keep YPS in the family, but the pandemic and changing economy made us rethink our plans. In 2022, we began looking for a new path forward. From my first meeting with Tony and the Passmore Group, I knew they were the perfect fit to take YPS to the next level.
“I deeply respect what they’ve accomplished and feel confident leaving the company I started in their capable hands.”
Passmore Group says that it will be working closely with the Yorkshire Plumb Supplies team to ensure a seamless transition. Tony Passmore, spoke with kbbreview earlier this year to reflect on how his business has grown and thrived for almost 60 years, and revealed the factors he believes have helped it survive and get to where it is today.
