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

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Peter Gray

Partner

London, United Kingdom
Oaklins Cavendish

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Daniel Dwyer

Associate Director

London, United Kingdom
Oaklins Cavendish

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