Lords Group Trading has announced the acquisition of A.W. Lumb & Co, extending the company’s geographic reach and product range in the Midlands & North of England.
Established in 1964 and family-owned until a management buyout in 2017, A.W. Lumb is a leading independent builders’ merchant operating in the Midlands & North of England from depots in Tamworth and Dewsbury. The firm has a general merchanting service, with offerings in building materials, garden landscaping, timber & joinery and roofing products. The business also provides a specialist offering in drylining and insulation to housebuilders.
Key senior management from A.W. Lumb and all colleagues will be joining the Lords Group to ensure “continuity of local knowledge and customer relationships, as well as continuing the family values core to Lords’ success.”
Shanker Patel, Chief Executive Officer of Lords, said: “A.W. Lumb is highly regarded in its local markets, respected for its product expertise and superior service levels and we are delighted to welcome their 77 colleagues and senior management to our team, who we believe share the same values as Lords. Furthermore, this acquisition is a major milestone in our growth and supports our model of working with management teams.”
Lords was established over 35 years ago as a family business with its first retail unit in Gerrards Cross, Buckinghamshire. Since then, the Group has grown to a business operating from 39 sites and has stated an aim to become a £500 million turnover building materials distributor group by 2024 as it grows its national presence.
