Announced
Completed
Financials
Sources
Tags
Majority
Single Bidder
Acquisition
Completed
Cross Border
power tool accessories
building hardware
United Kingdom
Private
wholesalers
Friendly
Building Materials: Other
Synopsis
Bufab, a trading company that offers its customers a full-service solution as a supply chain partner for sourcing, quality control, and logistics for C-Parts, completed the acquisition of TIMCO, a wholesaler to the construction and industrial sectors, for £54m. "This deal will enable us to accelerate our growth and continue expanding the range of products and services we offer, while still maintaining our first-class customer service. We look forward to working with our new colleagues at Bufab in driving the company forward," Simon Midwood, TIMCO Managing Director.
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