Heating and plumbing equipment distributor BSS has snapped up A Warren & Sons, which has a branch in Birmingham, in a deal valued at £14 million.
Warren & Sons is a major supplier of industrial products to the construction industry, with other branches in Oldham, Leeds and East London.
The firm's gross assets were £8.2 million as at December 31 2004.
Operating profits for the year ended December 31 2004 were £1.5 million.
BSS said the deal was is expected to be earnings-enhancing in the first full year after completion.
Gavin Slark, who becomes chief executive on January 1, said yesterday: "The acquisition of Warrens is firmly in line with our stated strategy of organic growth and bolt-on acquisitions.
"Warrens is an excellent merchant in the industrial market and will add to our current strength in the sector." ..SUPL:
