Lords Builders Merchants have accquired the majority shareholding in independent builders merchant Condell Ltd.
Condells currently operates from two branches – Sutton (South London), Horsham (West Sussex) and has a strong on-line presence.
The company was founded in 2006 by Ruth Condell & Jim McMeckan. Condell is retiring, however, McMecken is retaining a share in the company and will be working closely with the exististing LBM management team, to grow Lords business in South London as well as Condell’s presence on-line.
He says: “When my co-director Ruth expressed a wish to step back from Condell Ltd and move towards retirement, it created an exciting opportunity to take the business to the next level through investment and collaboration. I was looking for a new partner who could not only help the company to grow organically but also bring new strategies and synergy to the business.
“Having dealt with Lords Builders Merchants for many years, they seemed like the logical choice – a true family run independent merchant, holding old school core values, also bringing the many advantages that come with being part of a large group.
“I would like to thank all our loyal colleagues, customers & suppliers for their support over the last 15 years and I very much look forward to offering our customers an improved product range across a wider area going forward”.