John Nicholls Trading disposes of five sites

June 2023 — John Nicholls Trading Ltd. has sold five sites to MKM Buildings Supplies, the UK’s leading independent builders’ merchant.

John Nicholls Trading is a UK-based independent builders’ and plumbing merchants. Founded in 1965 by late chairman John Nicholls, the group has grown significantly over the years from one branch to over 25 sites. The business offers a wide range of building and plumbing materials and kitchen and bathroom suites and accessories.

MKM has acquired builders’ merchants branches in Banbury, Bicester, Kidlington and Rugby, together with a distribution center at Long Hanborough, adding to its 100-plus network.

Our role in the transaction

Oaklins Cavendish, based in the UK, acted as sell-side advisor on the sale of five sites of John Nicholls Trading Ltd.

Service

M&A sell-side

Parties

“In selling these branches to MKM, I believe that we have found the right custodian to continue the excellent levels of service our customers have come to expect, whilst preserving the local focus and values that John Nicholls has built over the years. On behalf of the shareholders, I would also like to thank the Oaklins Cavendish team for their hard work and support throughout this process which has delivered an excellent result for all stakeholders.”

David Hebdon

FormerCEO, John Nicholls Trading Ltd.

Talk to the deal team

Mike Dinsdale

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Peter Gray

Partner

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Daniel Dwyer

Associate Director

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Related deals

KTL has received investment from Exponent

Private Equity | Construction & Engineering Services

KTL has received investment from Exponent

Exponent Private Equity has invested in KTL, underscoring its focus on backing high-quality Irish businesses. This investment also marks an exciting new chapter for KTL, accelerating the company’s growth and strengthening its footprint across its core telecommunications and power sectors in Ireland and the UK.

Learn more

The minority shareholders of JJ Tomé have sold their stake to Eiffage

Construction & Engineering Services

The minority shareholders of JJ Tomé have sold their stake to Eiffage

The minority shareholders of JOÃO JACINTO TOMÉ, S.A. (JJ Tomé) have sold their remaining stake to Eiffage Énergie Systèmes, which was already the majority shareholder, giving the French group full ownership of the Portuguese business.

Learn more

Kran og Industri Service has entered Denmark through the acquisition of Hytek

Private Equity | Construction & Engineering Services

Kran og Industri Service has entered Denmark through the acquisition of Hytek

Kran og Industri Service (KIS), a leading provider of crane, lifting equipment and industrial service solutions, has acquired Hytek AS, a Danish specialist in hydraulic and mechanical services.

Learn more