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Latest Merchants Update

Grafton revenue up, demand softened in October
09 November, 2017
International merchanting and DIY business Grafton Group recorded a 9.1% increase in revenue to £2.3bn for the 10 months to October 31, 2017.
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UK’s oldest timber yard set to close
Monday, November 06, 2017 A judicial review has upheld a council’s decision to develop what is believed to be Britain’s oldest surviving timber yard dating from early Victorian times.
Lords acquires majority stake in Hevey Building Supplies
Friday, October 27, 2017 West London based Lords Builders Merchants has acquired the majority share capital in Hevey Building Supplies Ltd.
Timber industry celebrates at TTJ Awards 2017
Monday, October 02, 2017 About 450 people attended the TTJ Awards last Friday at The Brewery in the City of London – a record number for the event.
Grafton reports positive first half
Thursday, August 31, 2017 Grafton Group plc has reported a 9% increase in revenue to £1.3bn and a recovery in profitability in traditional UK merchanting business in the six months to June 30.
Housing minister to speak at BMF day
Tuesday, August 29, 2017 UK housing minister Alok Sharma will speak at the Builders Merchants Federation’s Members Day in September.
Builders merchants’ positive sales trend continues
Monday, August 21, 2017 A continuing positive trend for UK builders merchants was reported in Q2, according to the latest data from the Builders Merchants Federation’s (BMF) Builders Merchants Building Index (BMBI).
Management buy out for Glasgow timber firm
Thursday, July 27, 2017 One of Glasgow’s most established family-run timber and builders’ merchants has announced the completion of a management buy-out (MBO).
Robert Price acquires Gower Timber
Thursday, July 27, 2017 Robert Price has acquired Gower Timber Ltd, with the latter becoming the 22nd branch in the Robert Price Group.
Sussex council issues forklift safety plea following timber company fine
Monday, April 03, 2017 Firms have been urged to review fork lift truck safety by Chichester District Council after Covers Timber and Builders Merchants was fined £120,000 for breaching health and safety regulations.
North West Timber Treatments acquisition
Wednesday, March 29, 2017 A £10m turnover timber supplies business with four North West depots has been acquired by one of its directors in a multi-million-pound deal.
Travis Perkins “cautious” due to mixed market signals
Thursday, March 02, 2017 Travis Perkins has reported a strong annual financial performance but says it is adopting a “cautious” approach due to mixed market signals.
Latest twist in Pimlico timber yard saga
Thursday, February 16, 2017 A dispute over plans to redevelop what is believed to be Britain’s oldest surviving timber yard dating from early Victorian times has taken another twist.
MGM Timber (Scotland) joins the BMF
Wednesday, January 25, 2017 The Builders Merchants Federation (BMF) has welcomed large Scottish independent merchant MGM Timber (Scotland) into membership.
Lords acquires Hussey and Sons
Monday, January 09, 2017 West London based Lords Builders Merchants has acquired the share capital of E Hussey and Sons Ltd (trading as Hussey and Saunders).
Ridgeons opens new flagship branch
Sunday, January 08, 2017 East of England timber and builders merchants Ridgeons has opened its new flagship Saffron Walden branch.
Anthony Axford – a passion for the timber industry
Tuesday, November 15, 2016 Anthony Axford, founder of northwest timber merchanting group Anthony Axford Timber Merchants Ltd, died on November 7.
Builders Merchants Federation says construction remains buoyant
Wednesday, November 09, 2016 Brexit does not appear to have negatively impacted the construction industry according to the latest figures from the Builders Merchant Building Index (BMBI).
MGM buys Hamilton timber business
Thursday, November 03, 2016 MGM Timber has announced the acquisition of Hamilton based Robert Reid & Sons Ltd.
SCA acquires Swedscot Timber
Monday, September 26, 2016 SCA Timber Supply UK has acquired Scottish timber distribution business Swedscot Timber Ltd.
Covers opens new mill
Tuesday, September 20, 2016 Chichester-based merchanting group Covers Timber & Builders Merchants has celebrated the launch of its renewed timber mill on September 16.

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