The Independent Builders Merchant Group has acquired Cornish Fixings (Redruth) Ltd (CFC).
Established in 2011, Cornish Fixings (Redruth) is a one branch builders’ merchant supplying a range of building materials to trade and retail customers in and around Cornwall.
This acquisition continues IBMG’s strategy of developing its divisions through a combination of acquisition, new site development and organic growth. Strategically it strengthens its south west division, extending RGB’s presence in Cornwall and providing a strong platform for further growth across the Redruth area. Culturally, both companies are highly aligned, sharing a common vision, independent ethos and commitment to providing the highest standards of customer service.
This partnership resolves future succession for CFC and secures the right custodian for the business – one with a shared vision and values. CFC will join RGB and Jon Sawyer, CFC’s owner, will continue with the business working with Andy Gamble and Kevin Fenlon, RGB’s managing director and chief executive respectively, to grow RGB’s presence in Redruth, Cornwall.
Andy Gamble, managing director of RGB, said: “We are delighted to welcome Jon and the Cornish Fixings team to the Group. We have much in common, so this is a strong and logical partnership. We are delighted to be able to strengthen the provision of our services in the Redruth area, for the benefit of our customers.”
Jon Sawyer, Cornish Fixings (Redruth)’s founder, said: “We are excited to be joining RGB and look forward to working closely with Andy and the RGB team. I am confident that this acquisition will provide an excellent home for both our customers and our people who will thrive within a highly respected, independent builders merchant focused on excellent customer service.”