2022 ROUNDUP
REMEMBER WHEN? 2022 ROUNDUP
BMJ’s quick look back at the stories that made the news - and made the difference - during the past 12 months.
JANUARY IBMG acquires Dougfield Plumbers Supplies
The Independent Builders Merchant Group (IBMG) announced that it has acquired Dougfield Plumbers Supplies Limited (Dougfield), expanding its network of specialist plumbing and heating merchants into Wales and across the South West.
Covers celebrates 175th anniversary
Covers Timber & Builders Merchants celebrated its 175th year of trading in 2022. As part of its 175th anniversary year, Covers hosted a range of special events, competitions and discounts, including supplier demo days, exclusive offers and the chance to win some top prizes. In keeping with the spirit of its mission to serve and support communities, Covers made a variety of donations throughout the year to local charities and community projects in honour of its anniversary.
FEBRUARY Lords looks to add Buildbase Sudbury branch to Hevey Building Supplies
Builders merchant group Lords Group Trading signed an exclusivity agreement for the potential acquisition of a Buildbase branch in Sudbury, Suffolk, which it planned to bring into its Hevey Building Supplies Limited subsidiary. Under the agreement, Hevey was provided with exclusivity until 31 March 2022 in relation to its potential acquisition of the Sudbury branch, which generated revenues of £5.1 million in the year to 31 December 2021.
Above: Henry Green (left) and Rupert Green (right) celebrate Covers 175th anniversary
MKM unveils new branch in Sunderland
Located on a sizeable plot on the city’s Ryhope Road, MKM Sunderland brings together a comprehensive building and trade product portfolio, a landscaping provision and a kitchen and bathroom showroom. The Sunderland branch was the first in the business’ national network to feature a
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City Plumbing opens in Bude Plumbers merchant City Plumbing opened a new branch in Bude, Cornwall that includes Bathroom Showroom alongside a dedicated electrical specialist. The new branch has installed an energy efficiency display, offering information and support on the latest Government legislation of how heating systems are changing to meet the UK’s commitment to net zero by 2050. The offer includes a wide range of energy efficient solutions including air source and ground source heat pumps, underfloor heating, solar thermal and solar photovoltaic panels, biomass boilers, wastewater heat recovery systems and more.
Bristol City legend unveils Travis Perkins branch in Bristol Travis Perkins opened the doors to its branch in Bristol with the help of former Bristol City
www.buildersmerchantsjournal.net December 2022 MARCH TIMCO sells to Bufab
TIMCO sold to Bufab, a Swedish based C-Parts Supply Chain Partner for £54 million on a cash-free/debt-free basis. A performance- based additional payment may be made in 2023-2024 conditional on operating profit.
Elliotts invests £5 million in new Lymington branch Elliotts’ new site in Lymington, featuring the region’s first drive-through warehouse, opened in Spring 2022. The £5 million branch stocked over £1 million of building materials across the 2-acre site at Ricardo Way, Ampress Park, becoming the largest and most highly
retail-specific entrance – making it easier for homeowners to access MKM’s kitchen and bathroom offering.
winger, Scott Murray. The 2.6-acre branch was one of the first to pilot Travis Perkins’ ambition to reduce carbon emissions by 90%, and includes electric forklift trucks and electric charging points. For the first time, the branch stocked bricks and its extended range included timber, blocks, drainage and lintels.
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