Worcestershire-based broker K Drewe has purchased Armon Heath and Dane LLP, a Kent caravan schemes broker.
K Drewe has been in business for 50 years, and this represents its first acquisition.
K Drewe will retain all Armon Heath and Dane's employees and trading name.
Ian Drewe, managing director of K Drewe, commented: “We are delighted to welcome Armon Heath and Dane into our company, having recognised for some time that they offer strategically a very sound fit to our own.
"With caravan commercial business comprising a part of their portfolio, it will add natural extra new business opportunities to our retail and wholesale operation in the caravan and leisure market. This acquisition will provide us both with additional expertise and a wider customer offering to all areas of our business.”
Colin Heath, designated member of Armon Heath and Dane LLP, said: “K Drewe are the obvious choice for our business and we are very pleased to be able to continue to offer our customers the highest level of service under the umbrella of an established family company with their eyes firmly on the future.”