TIMCO (TI Midwood & Co Limited), the independent family-owned construction materials wholesaler, has sold to Bufab, a Swedish based C-Parts Supply Chain Partner for £54 million on a cash-free/debt-free basis. A performance-based additional payment may be made in 2023-2024 conditional on operating profit. TIMCO managing director Simon Midwood, son of …

The Speed Blades from OLFA UK undergo a manufacturing process at the facilities in Japan to make them sharper, longer-lasting and more economical than standard utility knife blades. The OLFA black blades cut with unparalleled sharpness, and have a fluorine coating, which drastically reduces resistance, helping blades to glide easily. …

But he did not understand the price. Mortals never do. They only see the prize, their heart’s desire, their dream… But the price of getting what you want, is getting what you once wanted. It was International Women’s Day last week and it rather passed me by. I was busy …

Distribution giant SIG plc has shown a return to underlying profit in its results for the financial year ended December 31 2021. The rise was driven by market share gains and margin discipline in what remains a challenging market, and was ahead of expectations. Group like-for-like sales were up 24% …

He is the very model of a modern major general There can’t be many out there – with a few Russian exceptions – that don’t have a full-blown crush on Volodymyr Zelensky. I wrote this before I heard the Ukrainian President’s speech to the House of Commons yesterday evening – …

It is with sadness that BMJ is informed of the death on Sunday February 20 of John N Tipper BSc. John Tipper passed away on the 20th February 2022 after a short illness aged 78.  John joined the family firm, Walter Tipper Ltd. in 1967 after gaining a degree in …

Plumbers merchant Wolseley UK is buying Northern Irish plumbing and heating merchant Bassetts, Guernsey-based heating and bathroom supplier DHS and bathroom supplier Neville Lumb from Saint-Gobain. It follows the announcement in December that it had entered into binding agreements to purchase the businesses. The agreement will see nearly 300 people …

The UK’s largest builders merchant group, Travis Perkins, saw revenue rise by 24% from £3.69bn to £4.58bn for the full year ended December 31 2021. The rise was 14.4% ahead of 2019. The merchant group’s final year results, released this morning (March 1), also showed adjusted operating profit of £353m …

Builders merchant group Lords has extended its reach northwards with the acquisition of independent builders merchant A W Lumb. The total consideration is £23.1 million, payable in cash, consisting of £19.5 million due on completion and deferred consideration of £3.6 million payable in equal annual instalments over the next five …

And if you tolerate this then your children will be next I’m a bit worried, I’ll admit it. At times – mainly those trying to get back to sleep at 4 in the morning times – I’m not so much worried as scared. As a child growing up in the …