News

Cemex announced this week that they are exploring the sale of select assets including part of its UK concern.

Grafton Group have seen an 8% fall in turnover for the first four months of 2008 compared with last year.

Silverline Tools are celebrating after winning the British Hardware Federation (BHF) Direct Diamond Award for Best Newcomer back in March.

According to the latest figures released by the BMF, sales of building materials at builders' merchants nationwide were down 3.1% year-on-year for the first three months of 2008. Reflecting, "the credit crunch and near stalling of the housing market".

nmc (uk) ltd has announced the friendly acquisition of Copley Decor Ltd for an undisclosed sum.

Steve Millward, Jewson's expert on sustainability and waste management, has been confirmed as one of the speakers at Think 08 on Thursday May at 8 at London's ExCeL.

Bradford and Sons Limited have announced the acquisition of Totem Timber (St Austell) Holdings Limited and its subsidiaries as of May 1st.

Ashley Leboff took over as president of the Rainy Day Trust at the Trust's agm on May 1.

What will be the key growth opportunities for merchants and their suppliers over the next few years - and what do they need to do to ensure they exploit these opportunities? This will be the broad theme of an important new feature at THE Conference 2008 in Tenerife on June 26-29.

As the economic landscape remains uncertain and with reported downturns driven by the credit crunch in every new bulletin, it may not be all bad news, say Ironmongery Direct, who reported year-on-year growth of 40% in 2007 compared with 2006.