Independent builders merchant Huws Gray has acquired Merseyside business R.W. Almond Builders Merchants, strengthening its position in the North West.
The acquisition of R.W. Almond, which is located in Formby between Liverpool and Southport, takes the number of Merseyside braches to 6 and total trading branches to 44 across England and Wales.
The share purchase deal follows a two-year period of internal focus and consolation for the Anglesey-based company, which celebrates its 25th anniversary this year.
Terry Owen, Huws Gray managing director, said he is delighted with the recent acquisition.
“We are extremely excited to be opening a new branch in Formby; it has a fantastic customer base and fits in perfectly with our existing branch locations,” he said.
“I would like to thank Chris, Dave, Pat and Sue at Almond’s for a smooth acquisition and for the positive reception we’ve received from everyone. We are keen to ensure that Huws Gray maintains the Almond family’s excellent reputation, as well as working alongside the existing team to further develop opportunities within the Formby branch.”
Dave Almond from R.W. Almond said: “We have been very impressed and appreciative of the way the Huws Gray team has conducted the takeover. As a family, we share their core values of motivated happy staff and great customer service and we’re looking forward to see the branch develop in the future.”