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Travis Perkins’ plumbing sell-off pays dividends
www.buildersmerchantsjournal.net

Having sold its Plumbing & Heating distribution business to an affiliate of H.I.G. Capital in May, Travis Perkins plc expects to complete the disposal next week and will distribute the net proceeds to shareholders through a combination of a special dividend and a share buyback programme. A special dividend of approximately £79m in aggregate, representing […]

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Big, Bigger, Biggest?
www.buildersmerchantsjournal.net

Out of the sea will rise Behemoth and Leviathan, I had a whole blog planned for yesterday morning about energy prices, shortages and Insulate Britain, with their highly reasonable conviction that one of the best ways of tackling our climate change problem is to properly insulate our houses and buildings. But, also, their ridiculous idea […]

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Polypipe talks smart water management at Flood Expo
www.buildersmerchantsjournal.net

Polypipe Civils & Green Urbanisation is to reveal the latest thinking and innovations in smart water management during two key seminars at this year’s Flood Expo, held at the NEC in Birmingham on 22 and 23 September. On the first day at 2.45pm, Sean Robinson, specification director for Polypipe Civils & Green Urbanisation, and Phil […]

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BREAKING NEWS: Grant & Stone merge with IBMG
www.buildersmerchantsjournal.net

The largest builders merchants group in the south of the UK has been formed today with the merger of Grant & Stone Group and Independent Builders Merchant Group. The new group has 123 branches, revenues in excess of £500 million and over 1,700 employees. Its reach extends from Cornwall to Kent and comprises builders’ merchants, […]

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Marley eyes stock market flotation
www.buildersmerchantsjournal.net

Further growth and acquisitions are on the cards for roofing giant Marley, which has unveiled plans to float on the Stock Exchange. The £150m revenue business, based in Burton, Staffordshire, has been owned for the last two years by private equity firm Inflexion. Marley has grown to a  share of around one-fifth of the UK […]

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Wavin rewards trade with new App
www.buildersmerchantsjournal.net

Global plumbing and drainage manufacturer, Wavin, has launched its new Wavin Rewards app as part of this year’s Gear Up campaign. The mobile app gives customers points every time they buy Wavin products, including those in the Hep2O and Osma ranges. The points can then be redeemed against a range of vouchers and gift cards from brands including […]

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Lords buys Nu-Line
www.buildersmerchantsjournal.net

Lords Builders Merchants is to open its twelfth branch in September 2021, and it’s first since listing on AIM, following the acquisition of the business and assets of Nu-Line Builders Merchants in Ladbroke Grove, West London. Established in 1965, Nu-Line is an independent builder’s merchant specialising in the supply of general building materials. Lords will […]

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