Cairngorm Capital Partners portfolio company, Independent Builders Merchant Group (IBMG), has acquired Dougfield Plumbers Supplies Limited (Dougfield), expanding its network of specialist plumbing and heating merchants into Wales and across the South West.
Established in 1993, Dougfield Plumbers Supplies is a highly successful independent plumbers merchant supplying trade and retail customers across South Wales and the South West of England. Headquartered in Stroud, Gloucestershire, Dougfield has 10 branches in Swansea, Glamorgan, Gloucestershire, Devon and Cornwall, all stocking an extensive range of plumbing, heating and bathroom products. Dougfield Plumbers Supplies has demonstrated strong organic growth since its formation.
Following its recent merger with Grant & Stone, this acquisition continues IBMG’s strategy of developing its divisions through a combination of acquisition, new site development and organic growth. Strategically it will extend the IBMG’s specialist plumbing, and heating offering into Wales, providing a strong platform for further growth. Culturally, both companies are highly aligned, sharing a common vision, independent ethos and commitment to providing the highest standards of customer service.
