Pavers has acquired online shoe retailer Herring Shoes for an undisclosed sum.
Pavers, a family-run shoe retail business based in York, will continue to operate separately from Herring Shoes – which is also family-run but is based in Devon and focuses on men’s footwear.
“Herring Shoes is an incredibly successful business and has focused on internet and international sales,” Pavers managing director Stuart Pavers said.
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“The business has been family owned since 1966 and operates with many of the same values as we do here at Pavers.
“These similarities made the acquisition incredibly appealing to us. It allowed us to break into new areas of the footwear market while staying true to our own family values and high standards of customer service.”
Herring Shoes chairman Adrian Herring added: “We think we offer the finest range of high-quality English hand-made welted footwear anywhere online, or the high street.
“But at heart we are still that same family business dedicated to excellent customer service, and of course beautiful shoes.
“Shoes are not only our business, they are our passion – and being a part of Pavers means the Herring brand is secure with the same values and passion.”
The acquisition is part of Pavers’ attempt to broaden its online expertise and international reach.
Earlier this year, it bought rival footwear retailer Jones Bootmaker in a pre-pack deal less than a month after it was rescued from administration by private equity firm Endless.
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