Three new businesses have joined independent merchant buying group the National Buying Group this month, bringing significant growth to the NBG portfolio.
Specialist timber merchant Arnold Laver is part of the National Timber Group, the largest independent timber distribution business in the UK and brings its fellow brands, North Yorkshire Timber, Thornbridge Sawmills, Rembrand Timber, Glow Insulation & Site Supplies Ltd and Scotia Roofing & Building Supplies on board as associate members. The National Timber Group (NTG) has a combined turnover of £252m and 56 branches and is keen to improve and expand its product ranges.
Chandlers Building Supplies also joins NBG this month as an associate of Parkers. Chandlers is a £60m independent builders merchant with eight building branches and six roofing branches mainly based in the South East of England, offering over 20,000 individual product lines. It also has a separate roofing supplies business with five branches across the UK.
BG Romerils, trading since 1950 and based in Jersey is the third business to join the NBG Partnership this month as a light-side Partner, they have two branches and a turnover of £23m. BG Romerils offers an extensive range of kitchens, bathrooms, power tools and decorating products with the Dumaresy branch operating as a leading retail home interiors studio.
Nick Oates, managing director of NBG said: “This year has got off to a very quick start for us, but we are very excited to have welcomed three new partners to the group. The new businesses bring a combined spend of £335m, presenting us with fantastic opportunities to maximise and improve the value we can offer Partners.”
Both the National Timber Group and Chandlers are owned by Cairngorm Capital, the private equity firm that acquired Parker Building Supplies in March 2018. Chandlers joins the NBG from merchant buying consortium Fortis, where Chandlers director Andrew Cope was formerly chairman.