Grant & Stone Group has announced the acquisition of Total Plumbing Supplies Limited (TPS).
Established in 2001, TPS is an independent plumbers’ and heating merchant supplying trade and retail customers across Dorset, Wiltshire, Somerset and Devon.
Headquartered in Honiton, Devon, TPS has five branches offering a broad range of plumbing and heating supplies, as well as dedicated kitchen and bathroom showrooms. The acquisition was initiated by TPS’ owners’ succession planning, a statement said, and adds to Grant & Stone’s recent acquisition of CRS in Somerset.
Founders Clive Handford and Ian Moses will continue to lead the TPS business, working with Matt Bland, managing director of Grant & Stone’s plumbing and heating division.
Matt said: “We are delighted to welcome TPS to the Grant & Stone Group. We have much in common, making this a compelling partnership. Our company is at a really exciting point in its development and this partnership ensures that we are well positioned to progress the numerous growth opportunities available to us.”