Independent builders merchant chain Naylor Myers, recently re-branded the Myers Group, is the latest business to join the National Buying Group (NBG).
The company operates 10 branches under the Naylor Myers banner, which generate more than £25m in annual revenue. The group, which has a turnover of £50m, also incorporates Johnsons Wellfield Quarries and Readymix Huddersfield.
Until now the group has largely negotiated its own buying terms but felt the time was right to join a group to do some of that on their behalf. Still very much a family business, James Berry, son of the current md, told BuildersMerchantsJournal.net that the reason for the change was twofold:
“Firstly, as manufacturers and merchants have consolidated into ever larger organisations we find it increasingly difficult, and time consuming, to maintain a commercial position, particularly for products which we don’t sell in vast quantities,” he said. “Secondly, we feel that manufacturers take comfort from the guarantees that buying groups can offer.”
NBG executive chairman and commercial director Allan Durning wanted to extend a warm welcome to Naylor Myers, saying that this latest new member “underpins the [NBG] drive to attract significant independent players in the market.”
He also said it was part of NBG’s ongoing enlargement strategy with the ultimate aim of growing the group’s turnover to £1bn by 2012.