Belfast-based W&R Barnett has acquired a majority shareholding in Barnsley-based Symphony Group, the kitchen, bedroom and bathroom furniture giant.

Symphony Group is the UK’s largest privately-owned manufacturer of fitted kitchen, fitted bedroom and fitted bathroom furniture, with a turnover exceeding £220 million and over 1,500 employees.

Its customers include housing developers, social housing providers, independent retailers and stockists/merchants.

Its fitted kitchens include the Laura Ashley Kitchen Collection, Linear and Symphony’s Gallery and Milano ranges. Its fitted bathrooms are by Aquadi and its fitted bedrooms include the Laura Ashley Bedroom Collection and Urbano range.

Symphony Group said: “W&R Barnett is a fourth-generation family business committed to owning and investing in successful operating businesses and their employees.

“Founded in 1896, the W&R Barnett group has grown from its origins as a grain merchant in Northern Ireland to a group of commodity trading and industrial businesses across the globe.

“The current beneficial owners of the Symphony Group, Doug Gregory and his family, will retain a significant share in the business and be represented at board level.

“Recently appointed Managing Director, Paul Whitehouse, who has been with the business for 23 years, will continue to lead the Symphony executive team.”

W&R Barnett CEO William Barnett commented: ‘‘We are very excited to invest in the Symphony Group and look forward to working with the management team to continue its success and growth’’

Symphony Group MD Paul Whitehouse said: ‘‘W&R Barnett’s investment will place the Symphony Group in a strong position for long term success and strengthen our position as market leader.

“This deal will deliver security to all our stakeholders – employees, customers and suppliers.  We share with W&R Barnett many core values including a commitment to employee welfare, excellent customer service, innovation and an appetite for growth.’’