Jobs not hit by new own­er­ship

Harefield Gazette - - NEWS -

AN IN­DE­PEN­DENT company has been bought by a multi-bil­lion-pound in­ter­na­tional firm.

Cres­cent Build­ing Sup­plies is be­ing in­te­grated into the Build­base di­vi­sion of Grafton Mer­chant­ing GB Ltd.

The ac­qui­si­tion will not af­fect jobs and there are no plans to close or ex­pand any of the branches (in Hilling­don, Uxbridge, Ruis­lip and Maiden­head), although the stock range will be ex­panded at each.

The ac­qui­si­tion has in­creased the num­ber of Build­base branches it runs to 200.

Cres­cent’s rev­enue 2014 was £10.5mil­lion.

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