News

Travis Perkins reports challenging conditions in first quarter

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Trading at builders merchant group Travis Perkins remained challenging during the first quarter, thanks to macroeconomic uncertainty, leading group revenue down on a like-for-like basis by 3.7% in the three months to March 31 2024. The General Merchant business continues to gain market share, though sales across the Merchanting segment …

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Covers’ Horsham branch honours colleague with charity football match

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The Horsham depot of Covers Timber & Builders Merchants recently organised a charity football match in memory of their colleague Ian Scott who passed away in 2023. The event saw a Covers team face off against Horsham Veterans FC to raise money for Cancer Research UK and Stroke Association. The …

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BMJ INDUSTRY AWARDS 2024: DEADLINE EXTENDED TO MAY 8TH

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THE DEADLINE HAS BEEN EXTENDED FOR NOMINATIONS TO THE BMJ INDUSTRY AWARDS 2024 GET YOUR ENTRIES IN HERE BY 5PM ON MAY 8TH. The BMJ Industry Awards is the merchant awards programme that truly reflects the opinions of the industry, because it’s voted for by the people who work in …

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Scell-it announces double acquisition

Scellit Group Headquarters in Stafford

Scell-it (UK) has acquired both Rivco Ltd and Kamtech Fasteners (ARK brand), strengthening its position in the Construction Fixings, Rivets, Rivnuts and Setting Tools sector. Kamtech Fasteners, based in West Bromwich, established in 2015 and have a customer base which aligns with that of Scell-it (UK). Its has said its  …

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TP to open new Derby branch

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Builders merchant Travis Perkins is opening a new branch in Northedge Business Park in Derby on Monday May 20. The new 1.76 acre branch will create 15 jobs and will include electric forklift trucks, a brand new hard landscaping display and extensive timber, bricks and blocks range. It will also …

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MKM posts 13% revenue rise

MKM

Builders merchant chain MKM Building Supplies Limited, saw a 13% rise in sales in the year to September 30 2023, with profits only marginally down at £88.2m. That’s according to the full year results for the period, released this morning (April 24th). The slight drop in profits was attributed to …

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Ibstock invests £12m to reduce carbon output by 19%

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Ibstock has invested over £12 million into its Aldridge factory, which it said will improve its energy efficiency and quality at the site. As part of its investment, it has also upgraded its legacy technology in the facility. This includes installing brand-new dryers, which now include screen-controlled moisture monitoring – …

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NMBS Exhibition sees record number of supplier and merchant interactions

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Over 15,000 interactions were made between the 280 exhibitors and 1,080 visitors at the NMBS Exhibition, which is the highest number in the exhibition’s history. Last year’s event saw similar numbers of visitors through the Coventry Building Society Arena doors, but these increased interaction figures show the continued importance that …

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Travis Perkins joins TDUK and celebrates major timber milestone

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Travis Perkins is celebrating its 20th consecutive year of certification of the timber chain of custody; it has also recently joined Timber Development UK (TDUK). The merchant stated that as one of the biggest providers of timber for building and construction projects in the country, the business prides itself on ensuring …

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Leyland hosts discounts and demonstrations day

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Leyland is hosting its special day for tradespeople at its Edgware Road store; where it will offer discounts and demonstrations of its products, at Edgware Road store on April 24. It will also offer free tea and coffee for visitors, as well as the opportunity to win prizes and pick …

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