MKM Building Supplies has extended its geographic coverage into North Wales with the acquisition of Richard Williams (Deganwy) Limited.
The transaction was completed on 1st April but it will be business as usual for staff and customers of the two Richard Williams branches in Llandudno Junction and Ruthin.
Founded in 1938 in Deganwy, North Wales, Richard Williams (Deganwy) Limited was acquired by Martin Stewart in 1971. The business has grown impressively under the Joint Managing Directorships of Nigel and Robert Stewart, Stewart's sons. Both will remain with the business for a period of time to assist with the ownership transition.
The acquisition of this merchant network in North Wales continues the rapid growth of MKM and expands its geographic coverage. Richard Williams offers a wide range of products to its customer base in the area and this will be enhanced by the MKM product offering.
David Kilburn, Founder of MKM Building Supplies Limited, commented: "We have found a like-minded company in Richard Williams (Deganwy) Limited which places the customer at the heart of its business. The team at Richard Williams is highly skilled, has superb product knowledge and a great reputation in the North Wales. We are confident this will be a great asset and look forward to the opportunities ahead."
Nigel and Robert Stewart of Richard Williams (Deganwy) Limited, commented: "MKM has an impressive reputation in the industry and is well-known for its commitment to the local building trade. Becoming part of MKM's dynamic growth and being able to continue to serve our customers in the way that we always have is a very exciting prospect."
