Mon, 07 Sep 2026 | DIVISION SALE
MKM Building Supplies, a Hull-headquartered building supplies company, has strengthened its presence on the South Coast with the acquisition of the builders’ merchant business of a firm based in New Milton, Hampshire.
The acquisition of the business from New Milton Sand & Ballast (NMSB) creates MKM New Milton and takes the company’s branch network to 149, including specialist HVAC distributor Oceanair.
Post-acquisition, MKM has said that it will be business as usual for the business’ customers, who will now have access to a wider product range and larger stockholding, with further investment planned for the future.
Longstanding NMSB staff Matt Lock and Richard Froggett will become branch directors of MKM New Milton following the transaction.
Matt Lock said that joining MKM would enable the business to realise its aim of becoming a one-stop builders’ merchants, providing backing for investment, an increase in stock and a broader offering for customers, while maintaining the spirit of the business.
Lock continued: "The people are the biggest part of that. Our team has decades of experience between them, they know our customers and they genuinely care about looking after them. We've also always been proud to support local clubs, organisations and community projects, and that's something we'll continue to do.”
"From our first conversations, it was obvious MKM shared those values. They back local people, trust branches to do what's right for their customers and understand how important it is to be part of the community. That's why this felt like the right move for us."
Upon completion of the investment, MKM New Milton will offer 12,500 sq ft of warehouse, retail and trade counter space, along with an increased stockholding and an expanded range covering building materials, timber, plumbing and heating, kitchens and bathrooms.
MKM Building Supplies Chief Executive Kate Tinsley said the business has “a great reputation, strong customer relationships and a team that really knows its local market.”
She continued: "What stood out to us was the way they do business. They're customer-focused, proud of their local reputation and passionate about supporting the communities they serve. That's a great fit with the MKM way.”
"Matt and Richard have a clear vision for where they want to take the business, and we're delighted MKM can help make that happen. We're looking forward to investing in the branch and seeing MKM New Milton grow."
Find out more about a wave of consolidation reshaping the UK's building products and services sector
This well-established company specialises in road surfacing services, earning an excellent reputation across North West England with a diverse client base and high levels of repeat business.
This specialist contracting company in Ireland offers a unique opportunity with a strong track record of delivering diverse construction projects, primarily for public sector clients.
This is a unique opportunity to acquire a thriving specialist scaffolding business with a robust track record, serving prestigious blue-chip clients across southern England.
Looking for more businesses? Try our off-market tool.
|
13
|
|
Oct
|
Livingston holographic tech firm acquired by German manufacturer | BUSINESS SALE
Ceres Holographics, a pioneering holographic technology firm...
|
13
|
|
Oct
|
Newcastle accountancy firm acquired by Nuvo Group | BUSINESS SALE
Blu Sky, an accountancy firm based in Newcastle, has been ac...
|
13
|
|
Oct
|
UK administrations update: October 6 - 12 | ADMINISTRATION
Since our last update, the following businesses have been co...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.