Builders merchant group Independent Builders Merchant Group has bought Merkko Builders Merchants Ltd, expanding its network of builder’s merchants further into Oxfordshire and Berkshire.
Merkko is based in Abingdon, Oxfordshire, and has two branches in Kingston Bagpuize and Aldermaston.
The acquisition continues IBMG’s strategy of developing its divisions through a combination of acquisition, new site development and organic growth, following its merger with Grant & Stone. Strategically it will extend the IBMG’s builder’s merchant offering, providing a strong platform for further growth. Culturally, both companies share a common vision, independent ethos and commitment to providing the highest standards of customer service.
This partnership resolves future succession issuesfor Merkko, which will join Grant & Stone and Ian Duckitt, Merkko’s owner, will continue with the business working with Mat Miller, managing director of Grant & Stone Builders Merchants, to ensure Merkko’s successful integration into the Group.
Duckitt said: “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. I look forward to working with Mat to ensure our successful integration into the Group.”
Miller said: “We are delighted to welcome Merkko Builders Merchants to the Group, allowing us to now offer customers with in depth knowledge and expertise for any civils projects. We have much in common, so this is a strong and logical partnership. Our continued goal is to be the independent merchant of choice as the best provider for our customers’ builders merchant needs. This acquisition further strengthens IBMG’s position as the largest independent merchant in the South of England.