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MKM Building Supplies, the UK’s largest independent builders merchant, has purchased Spey Valley Timber & Builders Merchants. This acquisition follows a period of significant growth in Scotland for MKM, with the business having unveiled a new branch in Inverness last month, and one planned for Peterhead next month. The addition of Spey Valley grows MKM’s Scottish network to 17 branches.
Spey Valley Timber & Builders Merchants was founded in the 1980s and is a locally owned independent business that supplies building materials, equipment and accessories to tradespeople throughout Aviemore and the wider Scottish Highlands. MKM’s acquisition will ensure customers in the region will still have access to an independent merchant, whilst benefitting from MKM’s product range and commitment to providing excellent service.
Kate Tinsley, CEO of MKM Building Supplies, 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’re 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 was the ideal choice. It has 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 is 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.”