The £30m-turnover, North West Roofing Supplies has expanded with the acquisition of B&M Henderson for an undisclosed sum.
Family firm B&M Henderson based in Burnley was founded in the 1960s as a roofing contractor and switched to become a roofing merchant in the 1990s.
The £1.2m-turnover company supplies slates, tiles, battens, fascias, soffits, rainwater products, gutters, windows and doors to local roofing and building contractors.
North West Roofing Supplies has its headquarters in Kirkham, near Preston, and depots in Greater Manchester, St Helens, Morecambe, St Annes, Carlisle and Deeside. The company employs 58 staff and is owned by chief executive Steve Phillips and his wife Teresa.
B&M Henderson will eventually be integrated into North West Roofing Supplies but Mark Henderson, managing director of B&M Henderson, is staying on for a period.
North West Roofing Supplies Acquisition
Steve Phillips said North West Roofing Supplies continues to seek further acquisitions in line with an ambitious expansion strategy.
He said: “B&M Henderson is an ideal fit for the business as we continue on our growth journey. It gives us a presence in East Lancashire and strengthens our position as a leading distributor of roofing materials in the region.”
A team at Taylors Solicitors advised North West Roofing Supplies on the acquisition. The Taylors team was led by corporate partner Matthew Catterall and included partner John Lomax, the firm’s head of commercial property.
Andrew Tabernacle of Bishops Chartered Accountants in Blackburn and Blackpool provided accounting and tax advice.
Matthew Catterall said: “We are delighted for Steve and the rest of the team at North West Roofing Supplies. This acquisition will enable them to continue their expansion and bring their excellent product offering to a wider market.”
North West Roofing Supplies, founded in 2001, supplies roofing materials and plastic and timber building products to contractors operating in new-build and refurbishment markets.