The Independent Builders Merchant Group (IBMG) acquired Sussex Plumbing Supplies Limited (SPS); further expanding its network of dealers specializing in plumbing and heating.
Polegate-based Sussex Plumbing Supplies, which was established in 2000, is an independent plumbing and heating dealer with seven trading desks and four bathroom, heating and kitchen showrooms. It supplies commercial and retail customers across Sussex and Kent.
Following its recent merger with Grant & Stone, this acquisition continues IBMG’s strategy to grow its divisions through a combination of acquisition, new site development and organic growth. The group announced its acquisition of DW Burns & Partner earlier this week.
Strategically, it will expand IBMG’s specialist plumbing and heating offering in Sussex and Kent and provide a solid platform for future growth. Glenn Vinall, owner and managing director of SPS, will continue to lead the company, along with Matt Bland, general manager of IBMG’s plumbing and heating division.
Bland said: “We are delighted to welcome SPS to the Group. We have a lot in common, so it’s a solid and logical partnership. Geographically, our partnership is very complementary and we are pleased to be able to strengthen our specialist plumbing and heating offer in the South East of England.
Glenn Vinall, Managing Director of SPS, added: “The team and I are proud of everything we have built to date, but we recognize that our company will be able to accomplish much more within a larger group. The partnership with IBMG will facilitate this growth and we look forward to continuing this success together. »
