Cairngorm Capital-backed Parker Building Supplies acquired Stamco.

Cairngorm Capital-backed Parker Building Supplies, an independent builders’ merchant based in the South East of England, acquired Sussex Turnery and Moulding Company, a builders’ merchant and wholesale timber processing and distribution business. Financial terms were not disclosed. Chris Maityard, Parkers’ Managing Director said, “This marks a key stage in Parkers’ development and takes us one step closer to becoming the market-leading independent builders’ merchant in the South East of England. Stamco is a perfect example of the type of business with which we are keen to partner. It has a compelling product offering, delivered by a skilled and committed workforce, who provide outstanding customer service.”