Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Builders merchant group Lords, has continued its expansion with the purchase of Alloway Timber for £2.25 million.
Operating from five sites in Mitcham, Cheam, Byfleet, Kingston and Putney, the family-run merchant specialises in timber and general building supplies and will take the Group’s Lords Builders Merchant network to 17 locations in the South East of England.
For year ended 31 December 2022, Alloway Timber saw £15.9 million of revenue.
Shanker Patel, Chief Executive Officer of Lords, said: “We are delighted to announce the successful acquisition of Alloway Timber and to welcome their 83 colleagues to the Lords Group family. The acquisition is complementary to our existing Lords Builders Merchants business with strong synergies, continued strategic investment in our 3Ps and will increase our customer base -along with further increasing our geographic presence in the South East.”
