MKM acquires Richard Williams (Deganwy)

MKM Building Supplies has acquired Richard Williams (Deganwy) for an undisclosed sum.

The transaction was completed on 1 April, 2021, and it will be business as usual for staff and customers of the two branches, which are based in Llandudno Junction and Ruthin.

Founded in 1938 in Deganwy, North Wales, Richard Williams (Deganwy) was acquired by Martin Stewart in 1971. The business has grown ever since and has carved out a good reputation in its territory, recently under the joint managing directorships of Nigel and Robert Stewart.

Nigel and Robert will remain with the business for a period to assist with the ownership transition.

David Kilburn, the founder of MKM Building Supplies, said: “We have found a like-minded company in Richard Williams, which places the customer at the heart of its business. The team is highly skilled, has superb product knowledge and a great reputation in North Wales. We are confident this will be a great asset and look forward to the opportunities ahead.”

Nigel and Robert added: “MKM has an impressive reputation in the industry, and is well-known for its commitment to the local building trade. Becoming part of its dynamic growth and being able to continue to serve our customers in the way that we always have is a very exciting prospect.”