Acquisition of Parkers
Group: 15 branches; c.£67m revenues; 280 Group employees
Cairngorm Capital’s investment was the first in a series of planned investments in the builders merchant industry, to combine specialist sector operational expertise with financial support from Cairngorm Capital.
Acquisition
Parkers: Acquired in Mar-18:
- 15 branch builders merchant based in the South East
Location
Strategy
- Sector consolidation to build the leading independent builders’ merchant in the South of England
- Continued focus on high stock availability and service levels
- Retain local branch based decision making, with value added branch support centre
- Drive up revenue and improve operating margin performance from bottom to top quartile, through improved merchandising, thoughtful supply chain management and geographic expansion
- New executive management team joined the company in conjunction with this investment
Acquisition of Parkers
Group: 15 branches; c.£67m revenues; 280 Group employees
Cairngorm Capital’s investment was the first in a series of planned investments in the builders merchant industry, to combine specialist sector operational expertise with financial support from Cairngorm Capital.
Acquisition
Parkers: Acquired in Mar-18:
- 15 branch builders merchant based in the South East
Location
Strategy
- Sector consolidation to build the leading independent builders’ merchant in the South of England
- Continued focus on high stock availability and service levels
- Retain local branch based decision making, with value added branch support centre
- Drive up revenue and improve operating margin performance from bottom to top quartile, through improved merchandising, thoughtful supply chain management and geographic expansion
- New executive management team joined the company in conjunction with this investment
