The Independent Builders Merchant Group (IBMG) has announced that it has acquired Dougfield Plumbers Supplies Limited (Dougfield), expanding its network of specialist plumbing and heating merchants into Wales and across the South West.
Established in 1993, Dougfield Plumbers Supplies is an independent plumbers merchant supplying trade and retail customers across South Wales and the Southwest. Headquartered in Stroud, Gloucestershire, its 10 branches are located in Swansea, Glamorgan, Gloucestershire, Devon and Cornwall, all stocking an extensive range of plumbing, heating and bathroom products.
Following its recent merger with Grant & Stone, this acquisition continues IBMG’s strategy of developing its divisions through a combination of acquisition, new site development and organic growth. It will extend the IBMG’s specialist plumbing, and heating offering into Wales and across the Southwest, providing a strong platform for further growth.
For Dougfield Plumbers Supplies, this partnership secures the right custodian for the business to support future succession – one with shared values, who will maintain and respect its legacy. Steven Evans, Regional Director and Tim Stickland, Dougfield’s Commercial and Finance Director will continue to lead the business, working with Matt Bland, Managing Director of IBMG’s plumbing and heating division, to realise the growth opportunities that this partnership will deliver.
Matt Bland, managing director of IBMG’s plumbing and heating division, said: “We are delighted to welcome Dougfield Plumbers Supplies to the Group. We have much in common, so this is a strong and logical partnership. Our continued goal is to be the independent merchant of choice as the best provider for our customers’ heating and plumbing needs. Geographically our partnership is highly complementary, and we are delighted to be able to offer our specialist plumbing and heating provision in Wales for the first time.”
Tim Stickland, commercial and finance director of Dougfield Plumbers Supplies, said: “I am confident that this acquisition will provide an excellent home for both our customers and our people who will thrive within a highly respected, independent plumbing and heating merchant focused on excellent customer service.”