Product category:
Builders Merchants
News Release from: Bradfords Building Supplies
Edited by the Buildingtalk Editorial
Team on 08 May 2008
Bradfords acquires Totem Timber
Bradford and Sons has acquired the issued share capital of Totem Timber (St Austell) Holdings.
Totem Timber (St Austell) Holdings Limited (TT (St A) H ) is a well-established builders merchants operating from a site at Daniels Lane, Holmbush, St Austell, Cornwall At the Daniels Lane site, Totem Timber employs some 27 people (including part time staff)
This article was originally published on Buildingtalk on 21 Jul 2004 at 8.00am (UK)
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Totem Timbers business (trading as Totem Timber Limited) based at St Johns Road, Cattedown, Plymouth is not included as part of this acquisition and will continue to trade.
Andrew Merriam, Executive Chairman of the Bradfords Group said: "We are pleased to announce the acquisition of Totem Timber (St Austell) Holdings Limited and delighted to welcome the Management and staff of Totem Timber to the Bradfords Group".
"The acquisition will enable us to strengthen our existing presence in Cornwall".
"In particular, in association with our Pool and Liskeard branches to enhance our coverage of the south west of Cornwall".
Eric Scorse, a Director of Totem Timber (St Austell) Holdings Limited comments: "The Board of Totem Timber (St Austell) Holdings Limited having made the decision to sell the Totem Timber business at the Daniels lane site, were anxious that TT (St A) H became part of a larger organisation with the necessary resources to continue development of the business".
"The Directors of TT (St A) H were therefore pleased that, following discussions, the TT (St A) H business is to become part of the Bradfords Group.".
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