MKM BUILDING SUPPLIES, the UK’s largest independent builders merchant, is expanding its presence in Scotland with the purchase of Spey Valley Timber & Builders Merchants.
The acquisition follows a period of growth in Scotland, with new MKM branches in Inverness in July and Peterhead in September. The addition of Spey Valley gives MKM’s Scottish network to 17 branches.
Founded in the 1980s, Spey Valley Timber & Builders Merchants is a locally owned independent business that supplies building materials, equipment and accessories to tradespeople throughout Aviemore and the wider Scottish Highlands.
Kate Tinsley, CEO of MKM Building Supplies Limited, said: “The acquisition of Spey Valley Timber & Builders Merchants marks an important step forward for our operations in Scotland. With a shared focus on customer service excellence and providing unparalleled choice, we are delighted to welcome the branch to MKM’s growing network.”
Brian MacDonald, Managing Director of Spey Valley Timber & Builders Merchants, added: “We are looking forward to embarking on this exciting new chapter for our business with MKM. For us, MKM were the ideal choice. They have a well-renowned reputation for being a ‘people’ business, and I can think of no better fit for our long-serving and loyal workforce than MKM.
“Crucially, the partnership will further strengthen our offering to the region. We will be adding a kitchen and bathroom showroom to the branch, alongside offering a new range of plumbing and heating products – areas in which MKM are incredibly strong. This is fantastic news for tradespeople in the region, as it means they can get an even wider range of first-rate products, all under one roof.”
The acquisition is part of MKM’s growth strategy, which has seen new branches in Birmingham North, Barnsley and Penrith in recent months, adding to its existing branches.