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TIMCO sells to Bufab

 TIMCO (TI Midwood & Co Limited), the independent family-owned construction materials wholesaler, has sold to Bufab, a Swedish based C-Parts Supply Chain Partner for £54 million on a cash-free/debt-free basis. A performance-based additional payment may be made in 2023-2024 conditional on operating profit. TIMCO managing director Simon Midwood, son of …

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