Home / News / Lords Group acquires majority share in Hevey Building Supplies

Lords Group acquires majority share in Hevey Building Supplies

West London based Lords Builders Merchants has acquired the majority share capital in Hevey Building Supplies Ltd.

Lords Builders Merchants has acquired majority shares in Hevey Building Supplies.
Lords Builders Merchants has acquired majority shares in Hevey Building Supplies.

Shanker Patel CEO of the Lords Group commented: “We are delighted to have the opportunity to acquire a share in this long standing successful business from its retiring owner – Neil Hemmington. Mark Mulvey will be continuing as Managing Director and we are looking forward to working together with the existing team to expand the business further.”

The business is planning to move its main branch in Northampton to a new 4 acre site which will open late 2017/early 2018.

Both businesses are members of the H&B Buying Group and is the third take over of a fellow H&B member by Lords. Following this acquisition, Hevey Building Supplies will continue as a separate company within the Lords Group.

About Fiona Russell-Horne

Fiona Russell-Horne
Editor-in-Chief across the BMJ portfolio.

Check Also

BMF announces sustainable conference theme

Builders merchants trade association the BMF has announced the theme for its 2020 BMF Members …