Wolseley group has bought air conditioning equipment distributor Kooltech. The family-owned company will continue to operate as a standalone business within the Wolseley Group under its current management team. In addition a 10-year lease extension has been signed on Kooltech’s Glasgow headquarters. “We’re really excited about the opportunity and the …
Read More »
Covers Timber and Builders Merchant has acquired Wingham Timber and Mouldings, based near Canterbury in Kent. Wingham Timber is an independent timber merchant supplying construction grade timber, sheet materials, internal mouldings, wooden flooring, garden fencing and decking materials, along with timber for garden structures. It has a range of fencing …
Read More »
National Timber Group (NTG) has acquired SV Timber. SV Timber fills a geographic gap in NTG’s existing branch network and further extends its customer reach within the Midlands. This follows the acquisition of Orchard Timber in late 2021 and the development of specialist business units National Timber Systems (NTS) and …
Read More »
Sentry Doors Limited (Sentry) has acquired E. & S. W. Knowles & Company Limited (Knowles), accelerating its growth and creating the UK’s leader in timber fire safety and security doorsets. Established in 1923, E. & S. W. Knowles manufactures specialist timber internal doorsets with fire rated, acoustic and PAS 24 …
Read More »
British shower manufacturer Aqualisa has been acquired by Fortune Brands Home & Security, Inc from mid-market private equity firm LDC. Founded in 1977, Aqualisa invented the world’s first digital shower and is known for its commitment to innovation and new product development, particularly in the smart bathroom category. Mat Norris, …
Read More »
The Independent Builders Merchant Group (IBMG) has acquired Independent Roofing Supplies (IRS), expanding its specialist roofing division in the South East. Independent Roofing is a local, independent roofing merchant in the South East and provides a range of products for both pitched and flat roofs from its three locations in …
Read More »
Sydenhams has acquired M’s Building Supplies based in Reading. M’s a single branch merchant, will begin trading as Sydenhams from May. This acquisition brings Sydenhams to 32 sites across the South including Timber & Builders Merchants, Specialist Timber Centres, Kitchen & Bathroom showrooms, Tool & Plant Hire and Timber Engineering. …
Read More »
TIMCO (TI Midwood & Co Limited), the independent family-owned construction materials wholesaler, has sold to Bufab, a Swedish based C-Parts Supply Chain Partner for £54 million on a cash-free/debt-free basis. A performance-based additional payment may be made in 2023-2024 conditional on operating profit. TIMCO managing director Simon Midwood, son of …
Read More »Six months after the shock announcement that merchant group Huws Gray had bought the traditional merchanting businesses of Grafton Group in Great Britain, the latter has announced that the divestment went through fully on December 31 2021. The acquisition of the Grafton businesses doubled the number of Huws Gray branches …
Read More »
The largest independent builders merchant group in the South of England, Independent Builders Merchant Group has bought Sussex Plumbing Supplies Limited (SPS), expanding its network of specialist plumbing and heating merchants. Established in 2000, Sussex Plumbing Supplies has its headquarters in Polegate, East Sussex, and has seven trade counters and …
Read More »
Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years