The largest independent merchant group of builders in the south of England, Independent Builders Merchant Group purchased Sussex Plumbing Supplies Limited (SPS), expanding its network of specialist plumbing and heating dealers.
Founded in 2000, Sussex Plumbing Supplies is headquartered in Polegate, East Sussex, and has seven retail outlets and four bathroom, heating and kitchen showrooms in Sussex and Kent.
Glenn Vinall, owner and CEO of SPS, will continue to lead the company, working with Matt Bland, general manager of IBMG’s plumbing and heating division, to realize the growth opportunities this partnership will offer. Vinall said, âThe team and I are proud of everything we’ve built to date, but we recognize that our company will be able to accomplish much more as part of a larger group. The partnership with IBMG will facilitate this growth and we look forward to continuing this success together. “
Following its recent merger with Grant & Stone, this acquisition pursues IBMG’s strategy of developing its divisions by combining acquisition, development of new sites and organic growth. Strategically, it will expand IBMG’s specialty plumbing and heating offering in Sussex and Kent and provide a solid platform for future growth. Culturally, the two companies are very aligned, sharing a common vision, independent ethics and a commitment to providing the highest standards of customer service.
Bland, said: âWe are delighted to welcome SPS to the Group. We have a lot in common, so it’s a strong and logical partnership. Geographically, our partnership is very complementary and we are delighted to be able to strengthen our specialist plumbing and heating offer in the south-east of England.