Independent Builders Merchant Group (IBMG), the largest independent merchant group in the South of England, has bought Roofing Gear, the specialist roofing merchant in the south west, adding a further three branches and £6m turnover to the Group.
Roofing Gear has three branches in Yeovil, Dorchester and Poole, and will continue to trade as Roofing Gear. Managing director Jeremy Gear will remain in the business and work with Danny Spokes, managing director for IBMG’s Roofing Division, to ensure the business’ successful integration into the Group.
Gear said: “This is a great next step for us. IBMG is the perfect custodian for Roofing Gear and this acquisition opens up an exciting new chapter for us all. Roofing Gear has come a long way since it was first established in 2004, and now as an IBMG-owned merchant I am confident it will flourish even further.It has an amazing team of 11; a very loyal customer base, and our mission statement from day one – to provide our customers with the most comprehensive service a roofing merchant can offer – hasn’t changed. I look forward to working with Danny to ensure our successful integration into the Group.”
Danny Spokes, managing director IBMG’s roofing division said: “We are delighted to welcome Roofing Gear, Jeremy and all his team to IBMG. This is an exciting time for IBMG’s Roofing Division; as we scale up our offerings in terms of product, service, specialist roofing expertise and location.”
Martin Stables, CEO of IBMG said: “The backbone of IBMG is that we do not alter ‘the DNA’ of our acquisitions, we simply add our ‘IBMG magic’ to it – by sharing best practice from our entrepreneurial teams, adding top level professional support, and providing world-class systems and infrastructure to ensure exceptional service and products for customers at every branch. As a result, IBMG has become the custodian of choice for merchants looking to the next stage of their development. This is particularly true for merchants like Roofing Gear – a merchant that has built a strong reputation and wants its legacy to continue and prosper.”
IBMG now owns 177 merchant branches throughout the country, this includes 13 roofing merchant branches of Chandlers Roofing Supplies and Independent Roofing Supplies.