Great news for this successful Yorkshire family business. The corporate finance team worked with the Freeman family to find the right purchaser and complete the business sale to ensure that K.F. Supplies continues to grow and succeed.
Family builders’ merchant K.F. Supplies purchased by national provider Huws Gray
Market Weighton based K.F. Supplies Ltd has been bought by Huws Gray Limited, a growing independent national builders’ merchant chain, for an undisclosed sum.
The business has served East Yorkshire and the surrounding areas for over 30 years from a prime site in Market Weighton. From their shop and yard, they have provided a full-service builder’s merchant and DIY supplies business to both the public and trade.
Stuart Jobbins and Andrew Rose from our Corporate Finance team worked closely with the family to identify the purchaser, project manage the process and complete the sale ensuring that all their goals and objectives were met.
Founding Director Jean Freeman commented “It was important to us for the business to continue successfully supporting our customers in East Yorkshire, and for our dedicated and hardworking team to become part of a well-respected organisation which can offer them enhanced career prospects and enable them to continue providing the excellent service they are known for. Huws Gray is a good cultural fit and was therefore the right choice to purchase the business and continue its growth and success.”
The Murray Harcourt team took the time to really understand the business so they could identify the right purchaser for them to ensure their legacy lived on.