Travis Perkins plc, the UK’s largest merchanting group announced this morning (January 13th) that it has sold its plumbing and heating distribution business, Primaflow F & P, to Newbury Investments (UK) Ltd, a specialist distribution group. In December 2018, Travis Perkins announced a strategy to simplify and focus on its …
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Construction company Breedon has bought a slice of the aggregate operations of global materials giant Cemex for £155m cash and liabilities of £23m. The sale consists of 49 ready-mix plants, 28 aggregate quarries, four depots, one cement terminal, 14 asphalt plants, and four concrete products operations, grouped across six divisions …
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Lords Group Trading Ltd has acquired the majority shareholding in APP Wholesale Ltd. APP Wholesale Ltd is a leading plumbing distribution company consisting of four divisions, plumbing & heating, retail & stores, distribution, brands & import All of APP’s management will be remaining with the company including Chairman, Allan Pierce, …
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Independent builders merchants Huws Gray Group has bought J E Fuller, in Clacton, Essex, completing the next phase of its ambitious expansion plan. J E Fuller operates from a single site in Clacton that it has occupied since the 1950s. The business has been run by the Fuller family since …
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Inflexion Private Equity is to acquire Marley, a leading UK-based roofing specialist, from Etex, the Belgian building materials firm which has owned Marley since 1999. The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid‐market fund. Inflexion already has a minority shareholding in independent builders merchant chain …
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Hevey Building Supplies, the Northampton-based merchant that’s part of the Lords Group, has acquired Huntingdon Timber Ltd. Operating from St Peter’s Road Industrial Estate in Huntingdon since 2004, Huntingdon Timber was owned by David Biddle, Patricia Reynolds & Stuart Bradley. Hevey managing director, Mark Mulvey said: “We are delighted to …
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Parker Building Supplies, the Sussex-based independent builders’ merchant, has acquired fellow NBG member Stamco, based in Hastings. The acquisition, funded by Parkers’ strategic partner, Cairngorm Capital, is a key step in Parkers’ strategy to expand its business through a combination of acquisitions, new site development and organic growth. Established in …
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