Against a challenging backdrop, sales at Welsh independent builders and plumbers merchant group LBS increased to £89m for the year to December 31 2024. However, despite improving its sales performance, pressure on margins continued, although net assets increased to £37.6m, thanks to a focus on long-term growth, increasing market share …
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The LBS Group has announced its acquisition of Denman & Sons, a building materials supplier in Caerphilly. Established in 1986, Denman & Sons has historically traded from two branches, servicing Caerphilly, Blackwood, Newport and Cardiff. In April 2024, LBS takes over the Pengam branch and is delighted to retain all …
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South Wales’ independent builders’ merchant LBS has continued its expansion with the acquisition of D G Heath, a timber merchant in Pontarddulais, Carmarthenshire. D G Heath has been trading for 38 years as a family-run business and will continue with the name; two of the directors are remaining post-acquisition, along …
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