Bradford timber merchants Baildon Timber has been acquired by Huddersfield-based builders merchant group Myers Group for £1m.
James Berry, managing director of the Myers group, said: “Baildon Timber is the perfect fit for us and there are clear synergies between our two family businesses, particularly as we both serve a customer base that is largely made up of small construction companies.
“The acquisition meets our aspirations for growth in the timber sector, as well as expanding our geographic footprint into the Baildon and east Bradford area of Yorkshire.” The group now plans a £500,000 investment in the business in order expand the stock range and carry out a full refurbishment of the site and buildings.
“We pride ourselves on being a growing, progressive business and we’re really pleased to be able to invest in Baildon Timber to make it a bigger and better business. As well as a total refurbishment, we are creating a new, larger shop and trade counter and diversifying the product range to include other building supplies as well as timber,” Berry continued.