Snows Timber, previously part of The Bradfords Group, has announced the completion of a management buyout.
The buyout was led by Managing Director Ian Church who, alongside Craig Willoughby, Supply Chain Director, and Adam Cray, Finance Director had their bid approved by The Bradford’s Group in January and have since been busy completing the deal.
Church said: “This is great news for us and for Snows’ customers. It enables us to create a truly agile business and to continue investing in the areas that really need it.
“In our customer service proposition, we aim to be the very best in our sector. What excites us the most is the fact we are now truly independent.”
David Young, Bradfords Building Supplies Managing Director, said: “I’d like to wish all Snows Timber employees every success for the future.
"I believe that the Bradfords Group has an exciting future ahead. We’ve been brave enough to make some big changes to create the right business foundations that will ensure our future success. We have a clear strategy and firm ambitions as we look to continually grow and innovate our services.”
The National Sales Office in Towcester remains and now becomes the new Snows Head Office located at Pond Barn, Pury Hill Business Park, Towcester, Northamptonshire, NN12 7LS.
The Glastonbury Head Office and Distribution Centre was sold to Sydenham’s in February 2019. As part of the sale agreement, Snows cannot trade in the counties of Devon, Cornwall and Somerset for a period of 12 months, starting on 1 March.