Cairngorm Capital supports Parker Building Supplies’ acquisition of Stamco
London and Edinburgh, 17 June 2019 Cairngorm Capital Partners (Cairngorm Capital) is pleased to announce that its portfolio company, Parker Building Supplies (Parkers), has acquired Sussex Turnery and Moulding Company Limited (Stamco). This is a key step in Parkers’ strategy to increase its business through a combination of acquisitions, new site development and organic growth. Parkers aims to become the market-leading independent builders’ merchant in the South East of England. Established in 1957, Stamco is a privately-owned, independent builders’ merchant and wholesale timber processing and distribution business. Headquartered in Hastings, it has five branches in Eastbourne, Hastings, Hove, Worthing and [...]