Plumbing com­pany’s ac­qui­si­tion will boost turnover to over £40m

Belfast Telegraph - Business Telegraph - - News - BY STAFF RE­PORTER

ONE of North­ern Ire­land’s largest in­de­pen­dent plumbing and heat­ing mer­chants has ac­quired Es­sex- based SX Heat­ing and Plumbing Sup­plies.

The deal marks 60-year-old Beggs and Part­ners’ first in­vest­ment into the mar­ket in Eng­land.

SX Heat­ing and Plumbing Sup­plies Ltd has four branches which have op­er­ated in the Es­sex and Lon­don re­gion for over 10 years.

Ian Beggs, di­rec­tor of the com­pany, said: “Beggs and Part­ners have 60 years of solid mer­chant­ing ex­pe­ri­ence in our home mar­ket and de­spite the 2008 down­turn we have seen con­sis­tent growth year on year.

“Our core ob­jec­tives are built on the fun­da­men­tals of sup­ply­ing the high­est qual­ity goods, at the best value prices, with pro­fes­sion- al­ism, ex­per­tise and un­wa­ver­ing cus­tomer ser­vice.

“We saw im­me­di­ately a nat­u­ral align­ment with SX Heat­ing and Plumbing and un­der­stood the real op­por­tu­nity to de­velop in a new mar­ket.

“Not only will this move bol­ster busi­ness for Beggs and Part­ners, it will also un­der­pin jobs and en- courage fu­ture growth through­out the or­gan­i­sa­tion.”

Mr Beggs said the move comes af­ter 18 months of plan­ning and will in­crease oper­at­ing out­lets from six to 10 de­pots and boost turnover by a third to over £40m.

Beggs and Part­ners cur­rently em­ploys 120 peo­ple through­out six branches here and the ac­qui­si­tion of SX Heat­ing and Plumbing Sup­plies will see that num­ber rise to 160 em­ploy­ees with prospect for fur­ther growth.

Beggs and Part­ners was founded in 1960 in Great Pa­trick Street in Belfast by the late Wil­liam Beggs and his ‘part­ners’ — Stan­ley Mcmullen, David Moor­head and Arthur Robin­son with just eight em­ploy­ees.

To­day it has sites in Belfast, Bal­ly­mena, Lis­burn, Maghera, New­tow­nards and Por­ta­d­own.

It un­der­went a re­brand­ing process in 2014.

Beggs and Part­ners is ex­pand­ing

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