PRESS RELEASE
Amicus Building Products expands reach with new
acquisition
Fast-growing
Amicus Building Products has added plastic building supplies specialist Nu
Stock Ltd to its portfolio.
The
acquisition by Amicus, better known as the holding company of PVC building and
insulated glazing products distributor Magden, will double the company’s branch
network.
Nu
Stock, like Magden, specialises in selling PVC building products through a
network of branches in Northern England and Scotland. Crucially, Nu Stock has
an online shop, giving it a UK-wide reach.
Amicus managing
director Nick Friend explained that Nu Stock’s regional footprint and online
trading arm had been key to the acquisition.
He said:
“Nu Stock branches will significantly add to our geographical reach. The
acquisition instantly enhances the service and products we can offer and means
existing customers of both Magden and Nu Stock will benefit from a wider
network of branches as well as having the ability to order supplies online.”
Nu Stock
has six branches in Stockton On Tees, Hull, Barnsley, Paisley, Washington and
Darlington.
It comes
after a period of significant investment and growth for Magden, which last year
opened its fifth branch in Blaydon near Newcastle, and this year completed refurbishing
all of its other branches.
In
autumn 2014 Amicus also acquired County Durham-based Décor Cladding Centre, which
has led to decorative cladding being added to the stock list of all Magden
branches.
This combined network takes the ownership of
Amicus Building
Products to 12 branches serving the specialist PVC
building products market across both the North of England and Scotland, and two
online shops catering to the wider UK.
ENDS
FOR FURTHER INFORMATION CONTACT CLAIRE SAVAGE ON 0845 1543491/ 07989 125999.
Amicus Building Products is the holding
company of Magden, Décor
Cladding Centre and Nu Stock.
Magden supplies the double-glazing and roofline industries with PVC and
insulated glazing building products through five branches in Bury, Cleckheaton,
Rotherham, Birtley and Blaydon near Newcastle on Tyne.
Nu Stock
supplies PVC building products through six branches in Stockton On Tees, Hull,
Barnsley, Paisley, Washington and Darlington as well as its website www.nu-stock-shop.co.uk.
Décor
Cladding Centre is a specialist supplier of decorative PVC wall and ceiling
panels for homes and commercial spaces. It operates from Birtley, County
Durham, and trades nationally through its website www.decorcladdingcentre.co.uk.