This acquisition provides Lords with an opportunity to expand beyond West London and adds three great branches to their existing sites.
Both busineses are members of the H&B Buying Group and this is the fourth takeover of a fellow H&B member by Lords.
“KLBS Ltd is a great addition to the Lords Group as it has fantastic locations which are ideally suited to our network,” said Tim Holton, Lords acquisitions & integrations director commented.
“We will be investing in these branches to bring them in line with our existing branch offering and a five-year investment plan is being created.”
With this latest acquisition, Lords will operate from six large heavyside branches, a George Lines civils branch and two branches under the Hevey Building Supplies brand.
The Lords Group has a target of becoming a top 10 merchant within the next five years and will be continuing to seek further acquisitions.
