Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Builders merchant group Lords has acquired the trade and assets of CMO Group Limited following a CMO pre-pack administration process.
The acquisition brings together Lords’ infrastructure with CMO’s digital-first online model. CMO and its colleagues will join the Group.
Dean Murray, CEO of CMO, said: “The acquisition marks a new and exciting chapter for CMO. We have built a strong, digitally-led business over the past 15 years, and in Lords we have found a partner that not only understands our model but shares our ambition. I am incredibly proud of what the CMO team has achieved and excited about what is next.”
Shanker Patel, CEO of Lords, said: “We are delighted to welcome CMO into the Lords family. CMO brings a well-established digital platform, strong customer reach, and a specialist product-led approach that complements our own. This partnership allows us to blend traditional merchanting strengths with cutting-edge digital capabilities.
“We are also mindful of the impact of the pre-pack administration process on affected parties and are committed to conducting the transition with respect. Our focus now is on ensuring a stable and successful future for the CMO business and all its stakeholders.”
All trading activity continues under the new ownership without interruption. Customers, suppliers, and partners are being contacted directly to ensure continuity and alignment.
