Huws Gray Group has announced the completion of its fifth deal of 2021 with the acquisition of TBS Building Supplies based in Towcester and Daventry, Northamptonshire.
Established in 1978, TBS Building Supplies are a mixed merchant servicing both trade and retail customers. Matthew Owen, Head of Acquisitions for Huws Gray Group said: “The acquisition of TBS marks our commitment to grow Huws Gray in Northamptonshire and beyond. We are truly optimistic for what the future holds and excited to acquire a company whose local reputation and great customer service is at the forefront of what they do. We look forward to welcoming our new colleagues to the group.”
Richard Harpham, Chair of TBS added: “We are delighted to see TBS become part of the Huws Gray business, from the outset it was clear that our family values and commitment to excellent customer service as a traditional merchant were aligned with Huws Gray. It is an exciting time for TBS to become part of this dynamic group, providing job security for our staff and allowing us to continue to provide the best possible service to our customers.”
The acquisition of a further two branches in Northamptonshire doubles the company’s presence in the county and reinforces their commitment to connecting their established sites across the UK.