The UK’s oldest builders merchant Bradfords Building Supplies, has unveiled its new focus on its builders merchant business, having sold off two businesses – Snows Timber and Crendon in the last year.
CEO David Young is leading the reinvestment in the core business which is due to report the highest profits in its core business for the last six years.
The board’s long-term plan is to increase the branch operation in the South West from 43 branches to 60. The company has acquired Penzance based Solo Building Supplies and is currently re-locating its Sherborne Branch in Dorset to a purpose-built site and a new branch is due t open in Helston in January 2020.
Young has been managing director for the last five years and has over 20 years’ experience in the merchant sector. He is driving the strategy with Bradfords’ new chairman, George Adams, who was Chairman of Screwfix when it opened its first branches in 2005-8
Young said: “We are committed to ensuring Bradfords as the most trusted partner of choice in building materials in the South West. We are expanding our network, refurbishing our branches and renewing our fleet. With our experienced team we will take Bradfords into its next phase of development.”