Cowal Building and Plumbing Supplies has completed its third major acquisition in five years by adding John Cameron Plumbers and Builders Merchants Ltd to its merchant group.
Family-run Cowal has acquired Cameron's, adding to its merchant group that already includes Reddance Building Supplies acquired in 2017 and Catherwood Construction Materials acquired in 2021, along with the three Cowal depots in Dunoon, Rothesay and Balloch.
The trading name of John Cameron's will be retained and the management team at the Cameron's Kinning Parkway Industrial Estate site in Glasgow will remain with the business. Both Cowal and Cameron's are founding partners of the National Buying Group (NBG).
The acquisition makes Cowal one of the largest general merchants in the West of Scotland with six sites and more than 60 employees.
Stewart Shaw Jr, Director at Cowal Building and Plumbing Supplies Ltd, said: "We have competed against Cameron's for many years and have always admired their way of doing business, the quality of their people and commitment to their customers. They share our values, and we are confident that this acquisition will help drive both businesses forward and offer new opportunities to all our employees."
He continued: "Our intention is to add a further two or three merchants to our group within the next few years. Our goal is to develop a self-sustaining business with strong management teams, whilst retaining the family values and closeness to our local communities that sets us apart."
John Cameron commented: "The John Cameron business has been in existence for more than 100 years, built up by myself, my father and my grandfather. It is never an easy decision to sell, but it was made easier by the relationship we have with both Stewart and his brother Steven, and the knowledge that our people and our customers are in good hands. I look forward to assisting with the integration of the two businesses."
NBG Managing Director, Nick Oates, also welcomed the deal: "Networking and mutual support is a key part of the NBG way of working. This deal demonstrates that NBG Partners can help each other and provide an alternative exit strategy for business owners who care about the future of their business, their employees and their customers."
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
26/11/2024
Scottish Water has unveiled its largest-ever procurement initiative, aiming to modernise the nation's water and wastewater infrastructure while safeguarding the environment. The program, named Delivery Vehicle 4, is valued between £5 billion and £9 billion and is set to run from 2027 to 2033, with ...
26/11/2024
The City of Edinburgh Council has granted planning permission, subject to conditions, for the refurbishment of Calton Square, an office building currently occupied by Baillie Gifford until the end of December 2025. Promoted by Ardstone Capital on behalf of Manova Partners, the project aims to ...
26/11/2024
First Minister John Swinney, MSP for Perthshire North, praised the progress being made on the construction of the new Perth High School during a visit on Friday, 22 November. He was joined by Jim Fairlie, MSP for Perthshire South and Kinross-shire, alongside senior Perth and Kinross Councillors, ...
26/11/2024
A state-of-the-art playpark has officially opened at King George V Park in Bearsden, following the completion of a £100,000 refurbishment. Funded by a combination of East Dunbartonshire Council (EDC) Capital Funding and the Scottish Government’s Renewing Scotland’s Play Parks initiative, the ...
26/11/2024
Fife Council has launched a public consultation, inviting residents, businesses, and organizations to contribute ideas and propose sites for inclusion in the next Local Development Plan, known as Fife's Place Plan. The council is calling on community councils, landowners, and developers to share ...
26/11/2024
The Chief Executive of East Lothian Council has announced she is to retire in February 2025. Monica Patterson who has been Chief Executive for almost five years, has spent most of her professional career working in local government. Prior to joining East Lothian Council in 2010, she was Head of ...
25/11/2024
West of Scotland Housing Association (WSHA) and Connect Modular have jointly submitted a planning application to Glasgow City Council for the development of 33 affordable homes in Cowlairs. This project aligns with the wider Cowlairs Park regeneration scheme and the city's ambitious housing ...
25/11/2024
Arc-Tech (Scotland) has successfully completed a £6m Mechanical and Electrical (M&E) services package for the Lost Shore Surf Resort in Edinburgh. The state-of-the-art resort, which opened its doors earlier this month, features a range of amenities, including a wave pool, luxury lodges, and ...
25/11/2024
Scottish Water has successfully completed the construction of a groundbreaking hydro energy generation scheme at Whiteadder Reservoir in East Lothian. This innovative project, believed to be the first of its kind in Europe, will harness the power of water to offset a significant portion of the ...
25/11/2024
Work is set to commence on a £6.5 million project to upgrade the Double Dykes Gypsy/Traveller site near Perth. The initiative aims to replace outdated chalets with modern, energy-efficient accommodation and implement significant site improvements. Perth & Kinross Council secured £3.9 million from ...