The purchase expands its plumbing and heating division into South Wales.
The Independent Builders Merchant Group, the largest independent builders' merchant group in the South of England, has acquired Dougfield Plumbers Supplies, expanding its network of specialist plumbing and heating merchants into Wales and across the South West.
Established in 1993, Dougfield Plumbers Supplies is a highly successful independent plumbers' merchant supplying trade and retail customers across South Wales and the Southwest.
Headquartered in Stroud, Gloucestershire, with ten branches in Swansea, Glamorgan, Gloucestershire, Devon and Cornwall, all stock an extensive range of plumbing, heating and bathroom products.
Dougfield Plumbers Supplies has demonstrated strong organic growth since its formation. Following its recent merger with Grant & Stone, this acquisition continues IBMG’s strategy of developing its divisions through a combination of acquisition, new site development and organic growth.
Strategically it will extend the IBMG’s specialist plumbing, and heating offering into Wales and across the Southwest, providing a strong platform for further growth.
Culturally, both companies are highly aligned, sharing a common vision, independent ethos and commitment to providing the highest standards of customer service.
For Dougfield Plumbers Supplies, this partnership secures the right custodian for the business to support future succession – one with shared values, who will maintain and respect its legacy.
Steven Evans, Regional Director and Tim Stickland, Dougfield’s Commercial and Finance Director will continue to lead the business, working with Matt Bland, Managing Director of IBMG’s plumbing and heating division, to realise the growth opportunities that this partnership will deliver.
Bland said: “We are delighted to welcome Dougfield Plumbers Supplies to the Group. We have much in common, so this is a strong and logical partnership. Our continued goal is to be the independent merchant of choice as the best provider for our customers’ heating and plumbing needs. Geographically our partnership is highly complementary, and we are delighted to be able to offer our specialist plumbing and heating provision in Wales for the first time.”
Stickland added: “I am confident that this acquisition will provide an excellent home for both our customers and our people who will thrive within a highly respected, independent plumbing and heating merchant focused on excellent customer service.”