The Independent Builders Merchant Group (IBMG) has acquired Perrys Builders Merchants Limited (Perrys) as it continues its strategy of developing its divisions through acquisitions, new site development and organic growth.
Strategically, the acquisition fulfils a long-standing objective for the IBMG’s southwest division, extending RGB’s (a member of IBMG) presence into Plymouth and providing a strong platform for further growth across the South Hams and Plymouth area.
Established in 2000, Perrys is a one branch builders’ merchant supplying broad range of building materials to trade and retail customers in and around Plymouth. It is a trusted local brand, with a reputation for outstanding customer service.
This partnership resolves future succession for Perrys and secures the right custodian for the business. Perrys will join RGB and Mark Periton, Perrys’ founder, will continue with the business working with Andy Gamble and Kevin Fenlon, RGB’s managing director and chief executive respectively.
Andy said: “We are delighted to welcome Mark and Perrys to the Group. We have known one another for over 30 years and have much in common so this is a strong and logical partnership. Geographically, this is hugely complementary, so we are delighted to be able to strengthen the provision of our services in Plymouth and the surrounding South Hams area.”
Mark added: “The team and I are proud of all that we have built to date, but we recognise that our company will be able to achieve much more as part of a larger group. Partnering with RGB will facilitate this growth and we look forward to continuing this success story together.”
>>Read more about developments from the IBMG here.
