The builders merchant operation, that provides a comprehensive range of building products, has been acquired by IBMG from PaintWell, the owners of Kent Blaxill. It will now operate as Kent Blaxill Builders Merchants.
The acquisition expands IBMG’s builders merchant network into East Anglia for the first time, and provides a strong platform for further growth in the region.
“Independent Builders Merchant Group is essentially carving out the builders merchant operations of the PaintWell-owed Kent Blaxill network,” said Martin Stables CEO of IBMG. “The acquisition makes perfect business sense for the builders merchanting side of Kent Blaxill who will benefit from our expertise in supplying the small and medium sized builder, backed by our best in class builders merchanting infrastructure and systems.”
Keith Reville, CEO of PaintWell, said he was confident that the integration of the two branches into IBMG will be smooth and that its staff and customers will “benefit hugely from being part of IBMG”.
Kent Blaxill’s painting & decorating business will continue to operate under the leadership of PaintWell.
IBMG now owns 174 merchant branches throughout the South of England. With this latest acquisition this includes 86 builders merchant branches. More than 100,000 trade customers rely on IBMG branches every week.
