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Cairngorm Capital supports IBMG’s acquisition of Cornish Fixings Limited

March 1, 2022 at 10:17 am

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Cairngorm Capital Partners portfolio company, Independent Builders Merchant Group (IBMG), has acquired Cornish Fixings (Redruth) Limited (Cornish Fixings).

Cornish Fixings is a single branch builders’ merchant based in Redruth, supplying a broad range of building materials to trade and retail customers across Cornwall. It is a trusted local brand, with a reputation for outstanding customer service.

This acquisition continues IBMG’s strategy of developing its divisions through a combination of acquisition, new site development and organic growth. Strategically it strengthens its south west division, extending RGB’s presence in Cornwall and provides a strong platform for further growth across the Redruth area.