LBS Continues to Build on Its Success
- AuthorBetsan Powell
Leading South Wales firm LBS Builders Merchants Ltd, have expanded their branch network, securing their largest acquisition to date – Talbot Timber Limited.
Talbot Timber has been supplying the construction industry across West Wales for more than 35 years, from four branches in Pembrokeshire.
Both Welsh businesses are family-owned, built upon strong partnerships with their customers and the local communities. LBS has branches throughout Wales, including in Swansea, Neath, Carmarthen and Pembrokeshire.
LBS Managing Director Mark Davies said: “In our 85th year we are delighted with the acquisition of such a well-respected business.
“The addition of these three branches to our network will significantly increase our capacity and service levels in West Wales, and all our customers across South Wales will see LBS offer a wider choice of timber and sheet material and improved engineered timber solutions.”
JCP Director and Joint Head of Corporate, Betsan Powell, advised LBS on the purchase. She said: “JCP’s corporate team has a long-standing and valued relationship with LBS and we were happy to be able to work with them on this important acquisition.
“It is great to see LBS continue to expand – we represented them at the end of 2015 when they opened a new site in Aberdare. LBS continues to be a real success story for construction in Wales, bringing valuable employment to the area.”
Three branches in Haverfordwest, Milford Haven & Tenby have now been rebranded LBS, with an expanded range of products. They now trade within the LBS branch network.