The NP Group has announced it has completed the purchase of Quantum Building Supplies in Jersey, in a bid to further expand its Channel Islands portfolio of businesses.
Purchased from Scott and Alison Donaldson, it will be the company’s second business to be located in Jersey, having founded Jeco Homes seven years ago.
Adrian Norman of the NP Group, said: “We are delighted with the acquisition of this well-established business, which gives us the chance to develop our group. NP will be looking to invest in the company and build on the excellent foundations achieved by Scott and Alison.”
Quantum Building Supplies was founded in 1994 and under careful management, along with the support of loyal employees and customers, the business has reportedly expanded to achieve a significant turnover.
Scott commented: “Alison and I are pleased to be handing over Quantum to another family-run company with similar business ethics to further grow and expand the business. We want to thank everyone who has supported us over the years and are excited about the future of our business within the NP Group.”
Paul Rogers, CEO of the NP Group, added: “This is an excellent expansion for us. The first-class reputation Quantum enjoys, along with the strong relationship with its customer base, gives us a solid foundation on which to develop in Jersey.”