Builders' merchant Jewson has been sold by its French owner to a Danish group as part of a £740 million deal. A total of 600 UK branches and distribution centres have changed hands as part of the deal which has seen Saint-Gobain offload Saint-Gobain Building Distribution to Copenhagen-based Stark Group.
The UK operation includes the well-known Jewson merchant of building products and timber, alongside Gibbs & Dandy and JP Corry in Northern Ireland, specialist brands Jewson Civil Frazer and Minster and International Timber.
Jewson, which is headquartered in Coventry, was founded in 1836 and has been owned by Paris-based Saint-Gobain since 2000.
