Merchants - Page 1

Stay up to date with the latest merchants news in the global timber industry

Latest Merchants Update

Competition body says Grafton’s sale of merchanting business to Huws Gray may reduce competition
02 December, 2021
The Competition and Markets Authority (CMA) has announced that the sale of Grafton Group’s traditional merchanting business to Huws Gray may result in a substantial lessening of competition in one particular geographic area.
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UK Prime Minister visits London builders merchant
Thursday, November 18, 2021 UK Prime Minister Boris Johnson saw first-hand the crucial role builders’ merchants play in the national economy, with a fact-finding visit to Travis Perkins in his constituency of Uxbridge and South Ruislip.
Grafton says trading in good shape
Friday, November 12, 2021 Grafton Group plc is projecting a full year profit of £265m-£270m for 2021 after reporting continuing strong trading conditions.
BMBI reports continued strong year-on-year growth
Wednesday, October 20, 2021 The latest report from the Builders Merchant Building Index (BMBI) reveals that builders’ merchants’ August value sales were 23.0% higher year-on-year, with timber & joinery products once again topping the list of best performing categories (+51.5%).
Softwood supply finally catching construction demand, says TTF
Tuesday, October 19, 2021 More than seven million m3 of timber and panel products were imported by the UK between January and July 2021, according to the latest Timber Trade Federation (TTF) Market Statement.
Harlow Bros Holdings announces plans for employee-owned trust
Tuesday, October 05, 2021 Timber merchant and engineered timber systems producer Harlow Bros is to see an overhaul of its ownership structure which will put employees at the heart of the business.
Myers Group acquires Baildon timber and plans £500,000 site investment
Tuesday, October 05, 2021 A Bradford timber business is to receive £500,000 of investment after a £1m acquisition of the company by building supplies group the Myers Group.
Cairngorm Capital merges Grant & Stone and IBMG
Thursday, September 23, 2021 Cairngorm Capital Partners has merged two of its builders merchants portfolio companies - Grant & Stone Group with the Independent Builders Merchant Group (IBMG).
Arnold Laver crowned Timber Trader of the Year at 2021 TTJ Awards
Tuesday, September 21, 2021 About 250 UK timber industry representatives gathered in central London last Friday at the TTJ Awards to see Arnold Laver crowned Timber Trader of the Year.
North East plans summit on materials shortage crisis
Wednesday, September 15, 2021 A North East emergency summit has been organised to address to the deepening “materials shortage crisis” in the construction industry.
Huws Gray continues acquisition trail
Monday, September 13, 2021 The acquisition trail of Wales-based builders merchant Huws Gray continues with two-branch TBS Building Supplies being the latest acquisition.
Acorn Timber Supplies closes after 37 years in business
Monday, August 23, 2021 Oxfordshire timber merchant Acorn Timber Supplies has closed its doors after successfully trading for 37 years.
Nobu Portman Square readies for the TTJ Awards
Thursday, August 19, 2021 The Nobu Portman Square Hotel will be the setting for the 25th anniversary TTJ Awards taking place on September 17.
TTJ Awards 2021 voted category shortlists released
Wednesday, August 11, 2021 The TTJ Awards 2021 is gathering momentum with the release of this year’s voted category finalists.
Builders’ Merchants’ sales up year-on-year as industry continues growth trajectory
Tuesday, July 20, 2021 The latest figures from the Builders Merchants Building Index (BMBI) reveal that year-on-year sales through UK builders’ merchants are on an upward trajectory, as the industry continues to meet sustained high demand for building products.
Premier Forest Group to sell Irish subsidiary
Monday, June 21, 2021 Newport-based Premier Forest Group has announced the sale of its Irish subsidiary, Premier Forest ROI Ltd; the eight-site subsidiary comprising Brooks Timber and Building Supplies and Dublin Plywood and Veneer (DPV).
Illingworth Ingham expands with acquisition of Waterloo Timber
Thursday, May 20, 2021 Illingworth Ingham (Manchester) Ltd has expanded its business by acquiring the trade and assets of Clitheroe-based Waterloo Timber.
Voting in the 25th TTJ Awards launches
Monday, May 10, 2021 Voting is underway for the 25th anniversary TTJ Awards, which this year will be a hybrid event featuring an in-person event in central London and live-streaming to a wider digital audience.
New merchant beats the pandemic in its first year
Wednesday, April 28, 2021 A UK timber merchant that launched just before the Covid-19 pandemic hit in 2020 has celebrated its first full year trading with financial targets “surpassed”, according to its directors.
Grafton Group posts £132.7m pre-tax profit for 2020
Monday, March 15, 2021 Merchanting giant the Grafton Group plc has posted 2020 annual pre-tax profits of £132.7m (2019: £172.6m) and expressed confidence that the Covid-19 vaccine rollout will lead to a growth in economic activity.

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