Independent Builders Merchant Group (IBMG) Acquires Wantage Builders Merchants
June 6, 2022
Independent Builders Merchant Group (IBMG), a portfolio company of Cairngorm Capital Partners, has acquired Wantage Builders Merchants Limited, a single-branch builders merchant in Wantage, Oxfordshire. The deal is an add-on acquisition that extends IBMG's footprint in South Oxfordshire and resolves succession for Wantage's directors while retaining key management for integration.
- Buyers
- Independent Builders Merchant Group (IBMG), Cairngorm Capital Partners LLP
- Targets
- Wantage Builders Merchants Limited
- Sellers
- Wantage Builders Merchants Limited, Brian Norris, Vic Cox
- Platforms
- Independent Builders Merchant Group (IBMG)
- Industry
- Building Products
- Location
- Oxfordshire, United Kingdom
- Transaction Type
- Addon
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