Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Brick factor and merchant Southern Brick have been bought by Rayners Homes, but only the Poole and Southampton operations.
The Abingdon branch has closed with the loss of 12 jobs.
The sale of the Poole and Southampton branches was completed on the evening of August 27, according to joint administrator Geoff Rowley. “Sixteen jobs were saved there. Regrettably, we’ve had to cease operations in Abingdon.”
Last month Rowley told buildersmerchantsjournal.net that Southern Brick was a victim of the current state of the market. The housing slump led to a drop in sales and while the directors tried to cut what overheads they could, they were unable to restructure the business sufficiently.
