NEWSROUND
MKM buys five John Nicholls branches
PHMI report finds total revenue up
Builders merchant MKM, has bought five sites from Midlands independent family-owned merchant John Nicholls Trading Ltd. Founded in 1965 by late chairman John Nicholls, the group has grown significantly over the years from one branch in Banbury to over 25 sites covering Oxfordshire, Warwickshire, Northamptonshire, and Dorset.
MKM has bought the following branches - Banbury Building, Kitchen and Bathroom Showroom, Bicester Building and Plumbing & Heating and the Kitchen and Bathroom Showroom, Kidlington Building, Rugby Building and Plumbing & Heating, as well as the distribution centre at Long Hanborough.
The branches will be known as MKM Banbury, MKM Bicester, MKM Rugby, MKM Kidlington, and MKM Long Hanborough (distribution only). The distribution centre will provide much-needed extra yard and warehouse space to supply the other branches with a wider product offering.
MKM CEO Kate Tinsley said: “The acquisition of these branches’ forms part of MKM’s ambitious growth strategy, enabling us to further expand our operations across the Midlands.”
The latest Plumbing & Heating Merchant Index report shows that total value sales in April 2023 through specialist plumbing and heating merchants were up 2.6%.
Sales in April were 20.5% lower than March and volume dropped by 19.1% with prices down by
1.7%.However, total sales between February 2023 and April 2023 were 5.6% higher than the same period a year ago. Volume sales were down 2.1%
while prices were up 8.2%. The PHMI index for April was 92.1. compared to 105.7 the previous year. Mike Rigby, CEO of MRA Research, said: “April sales volumes were down 4.7% on April last year, and down 19.1% on March this year as economic uncertainty, high inflation and rising interest rates continue to hit new housing and private housing RMI (Repair, Maintain and Improve) work, particularly in the private sector. It is worth remembering that the private housing new build and the private housing RMI sector together account for around 40% of total construction output, according to the Construction Product Association. “There was some good news for homeowners in April, a hiatus in the government’s planned raise to the Energy Price Guarantee, but this will do little to ease the pain of those struggling with tracker mortgages and the cost of living, which is fast outstripping earnings.”
Jewson gets new look in Horsham
National builders’ merchant Jewson opened new branch in Horsham, West Sussex, on June 14 after having totally refurbished its existing site.
The branch is at Crawley Road, Roffey, RH12 4DP, and the refurbishment has been designed with sustainability in mind and features solar photovoltaic roof panels, air source heating, a heat recovery system for ventilation and internal and external LED lighting. The new branch offers tool hire, access to industry experts and a private office for customers to discuss their projects in confidence, as well as the Build Aviator service, which allows tradespeople and builders to plan and estimate projects of all sizes, calculate margins, order stock and create professional quotes for clients.
Manningham Concrete adds new
bathroom & kitchen showroom Independent Yorkshire builders merchant Manningham Concrete has opened a new bathroom and kitchen showroom at its Bradford depot. The showroom, at the headquarters branch in Cemetery Road, Bradford, includes a wide range of quality kitchen and bathroom displays and products from brands such as Symphony, Neff, Bosch, Vitra and Grohe. The showroom offers a complete experience, from measurements and cutting-edge CAD designs to detailed quotations and recommendations for skilled fitters. Customers can explore a plethora of options and receive expert guidance every step of the way. Visitors can get a preview of the showroom with a digital walk-through.
6
IBMG acquires MS Roofing Supplies
The Independent Builders Merchant Group (IBMG), has acquired Sussex’s MS Roofing Supplies (MSR).
Established in 2003, MSR is a local independent roofing merchant in the South East and provides a comprehensive range of products for both pitched and flat roofs from its five locations in Brighton, Chichester, Crawley, Portslade and Worthing. MSR’s highly complementary branch network and product range provide IBMG’s roofing division with further geographic expansion, product extension and a strong platform for further growth. Culturally, both companies share a common vision, independent ethos and commitment to providing the highest standards of customer service.
This partnership secures the right custodian for the business – one with a shared vision and values. Tony Siriano, Managing Director of MS Roofing Supplies will be stepping away from the business to enjoy a well-deserved break.
www.buildersmerchantsjournal.net July 2023
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44
