News & Views

Sherrards advise Hevey Building Supplies Limited on the acquisition of Huntingdon Timber Limited

The corporate team at Sherrards, led by Andrew Cooke, has recently acted for Hevey Building Supplies Limited on the acquisition of the entire issue share capital in Huntingdon Timber Limited. Established in 2003 by three former Jewson executives, the business has evolved into one of Cambridgeshire’s leading independent timber merchants, providing a range of services to both domestic and commercial customers.

Sherrards previously assisted long-standing client Lords Builders Merchants with the purchase of George Lines (Merchants) Limited back in 2016 and subsequently, of Hevey Building Supplies in 2017. The latter remained a separate company within the Lords Group with Mark Mulvey continuing as Managing Director and CEO of the Lords Group, Shanker Patel, joining the Board.

Following this recent acquisition, Shanker and the Lords Group will undoubtedly continue to work to further establish a presence in the market in an effort to expand their business beyond London.

Andrew Cooke from Sherrards has once again provided the Lords Group with exemplary support in this acquisition. We have built a very strong relationship which will continue to grow as our business does.” Shanker Patel.

Andrew added “We are delighted to have assisted our client, Hevey Building Supplies, with this latest acquisition. We believe that it demonstrates real ambition on the part of the Lords Builders Merchants group in general to grow its dynamic business, and we are excited to play a part in it.”