West London based Lords Builders Merchants has acquired the share capital of E Hussey and Sons Ltd (Hussey and Saunders).
Hussey and Saunders is a third generation family business located in the town of Beaconsfield, five miles from the western outskirts of London.
Shanker Patel, CEO of the Lords Group, commented: “We are delighted to have the opportunity to acquire this long standing business from its retiring owners. The site at over 3.75 acres provides scope for opportunity to grow the business significantly and for the Lords Group to utilise some of the space at this site for central distribution of selective products.”
The company intends to make a significant investment in the business over the next two years in order to be able to capture the opportunities this acquisition presents. The site is located two miles from the M40 with excellent links into West London as well as affluent towns in Buckinghamshire and Oxfordshire.
Both businesses are members of the H&B Buying Group and this is the second take-over of a fellow H&B member by Lords.
Following this acquisition, Lords Builders Merchants will operate from three heavy side builders’ merchants, a specialist civils’ merchants (George Lines) and three light side merchants.