Smith Cooper helped Nottingham-headquartered building and timber supplier Frank Key Group acquire The Builders Centre, the builders’ merchant subsidiary of the £50m turnover Dyson Group.
Frank Key Group, founded in 1907, has sites across Nottinghamshire and Derbyshire. It provides a range of products and services, including building materials, landscaping, tool and skip hire, kitchens and bathrooms, timber, doors and joinery.
The Builders Centre is a wholesaler of building products and supplies based in Sheffield. Both businesses are members of the National Buying Group and had a pre-existing relationship prior to the acquisition. Frank Key’s managing director said: “We are delighted to add The Builders Centre to the Frank Key Group of companies and look forward to growing the operations in Sheffield and the surrounding areas.”
Smith Cooper acted for the purchaser providing financial advice and support throughout the transaction.
Completed:
Mar 14
Smith Cooper Team
James Bagley
Value£1,650,000.00
