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Sat September 21 2024

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Merkko joins Grant & Stone group

5 May 22 The Independent Builders Merchant Group (IBMG), controlled by Cairngorm Capital Partners, has acquired another two stores.

IBMG has acquired Merkko Builders Merchants, which has stores in Abingdon (Oxfordshire) and Aldermaston (Berkshire).聽

Following its recent merger with Grant & Stone, this acquisition continues IBMG鈥檚 strategy of developing its divisions through a combination of acquisition, new site development and organic growth.

Merkko will join Grant & Stone and Ian Duckitt, Merkko鈥檚 erstwhile owner, will continue with the business working with Mat Miller, managing director of Grant & Stone Builders Merchants, to lead Merkko鈥檚 integration into the group.

Grant & Stone鈥檚 managing director Mat Miller said: 鈥淭his acquisition further strengthens IBMG鈥檚 position as the largest independent merchant in the south of England.鈥

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