News

The Portsmouth branch of builders merchant Covers Timber & Builders Merchants will be sponsoring Horndean FC for the 2020/2021 and 2021/2022 seasons. The builders’ merchant has supported the club for many years, but has now confirmed an official sponsorship agreement. This will include the company’s logo on perimeter boards around …

SureCav announces 2020 as a record year for sales and enquiries. The average growth in sales over the last 5 years is 15%. This has accelerated to an 18% average for Autumn/Winter 2020. The forecast y/e figures for 31st January show EBITDA growth over 50% on the previous year. These …

Builders merchants trade association the Builders Merchants Federation has its 32nd Regional Centre of Excellence, which is being hosted at SIG Distribution’s state of the art, warehouse at Valor Park, West London. Meeting facilities at the 169,000 sq.ft. site, opened last May,  can now be used by BMF members for …

Lords Group Trading Ltd, parent company of Lords Builders Merchants  has announced the appointment of Andrew Harrison as a Non-Executive Director with effect from 1st March 2021. Formerly Chief Executive Officer of the Plumbing and Heating division of Travis Perkins PLC, Harrison has held many senior positions within the Travis …

Buildes merchant group Travis Perkins has signed a five-year contract with Cloud Technology Solutions to help improve its use of Google Workspace and drive further tech adoption. The partnership will see CTS, Europe’s largest dedicated Google Cloud partner, work alongside a small internal team to drive value from Travis Perkins’ Google …

Online merchat CMOStores.com has bought online tile retailer Total Tiles. The transaction is the second acquisition by the CMOStores group, following that of DoorWeb in 2018. CMO intends to continue its acquisition strategy to expand the group in the coming years, supported by private equity house Key Capital Partners (KCP) …

Both sales and profits were better than expected in the two months to 31 December 2020 at builders merchant chain Grafton Group.  The group announced this morning (January 12) that average daily like-for-like revenue was up by 7.2 per cent, with total revenue for the period ahead by 10.8 per cent …

Indepdent builders merchant group Bradford Building Supplies has opened a new branch in Glastonbury, which includes one of the first Sustainable Home Centre showrooms in the UK. The in-branch Sustainable Home Centre has been created in collaboration with Renewable Equipment Solutions (RES), a local Somerset provider of sustainable energy efficient …

Britain’s construction sector extended its robust recovery from earlier COVID lockdown restrictions in December, a survey showed on Thursday, helping the broader private-sector economy eke out modest growth. Housing was the biggest driver of construction growth, reflecting the boost to builders’ confidence from a surge in prices and property purchases …

Britain’s biggest housebuilder Barratt Developments raised its annual volume forecast on Friday and said it could resume dividend payments next month, after a rebound in demand from COVID-19 disruption drove a solid first-half performance. Shares in the FTSE 100 company, which operates in England, Scotland and Wales, rose by as …