Robert Price Builders’ Merchants had made its first acquisition outside Wales.
The Abergavenny headquartered business has acquired Hereford-based building supplier, Tudors. Law firm Hugh James acted for Robert Price on the deal, the value of which has not been disclosed.
The latest acquisition adds to its network of 26 branches across south-east Wales. Tudors will maintain its trading name.
The Hugh James team advising Robert Price was led by partner and head of corporate/commercial, Gerallt Jones, supported by partner and head of commercial property, Peter Hurn, and corporate associate Gemma Davies.
The latest acquisition follows a sustained period of growth for Robert Price, with Hugh James providing legal advice on numerous deals, including the takeover of Aberdare-based building and roofing suppliers, Builders’ Bitz, last February.
Mr Jones said:“This is another great success for our long-standing client, Robert Price. We’re delighted to have supported yet another acquisition which, this time, extends the company’s reach into England.
"The team have shown ambition and resilience and have continued defy the challenges of Brexit, Covid and economic uncertainty. We look forward to seeing it continue to flourish.”
