“The deal is highly beneficial for both parties, said a spokesperson. “It expands Stamco's physical presence into north and south London, provides Hoppings with further machining, treatment and distribution facilities and offers both a strong platform for further growth.”
Geoff Alcoe, Hoppings' managing director, will remain with the business, working with Trevor Mudd, Stamco Timber's managing director, to integrate Hoppings into Stamco and, longer term, to grow the combined business.
