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Grafton acquires MGM Timber's Oban store

Trade supply firm MGM Timber has sold its Oban division to Oxford-based builder and plumber merchant Grafton GB Ltd for an undisclosed sum.

All nine staff at MGM Timber Oban will now transfer over to Grafton GB Ltd, the UK operation of Dublin-based Grafton Group Plc.

MGM Timber Oban will now become part of Grafton GB Ltd’s Buildbase Division, adding to 14 Buildbase outlets already open across Scotland.

The company will also introduce Hirebase and Electricbase at the Oban site, providing tools, equipment hire and electrical supplies.

Mark Kelly, chief executive of Grafton GB Ltd, said: “We are delighted to be able to extend our services to building professionals in and around Oban.

“As well as looking to attract new custom, we can also reassure existing customers that their accounts will be transferred quickly and seamlessly, and that they will retain all of their existing terms.

“We aim to build on our long-established good reputation, using our buying power as a large group as well as access to plumbing, electrical and hire goods to offer local builders and tradesmen a compelling choice.

“They will benefit from access to a wider range of products and a reliable delivery service with support from hands-on expertise in-branch.

“Existing colleagues will become part of the wider Grafton Team. We look forward to working with them and being part of the local community.”

Grafton GB Ltd is the UK subsidiary of Grafton Group Plc.

The company currently has more than 60 outlets across Scotland, employing 500 staff from a total of around 500 UK locations employing 4,500 staff.

Source : Scott McCulloch - Business Insider

07 January 2014
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