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 …
Read More »LBS buys DG Heath
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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