eBuildingSupplies acquired by The Lords Group
Published: 26 March, 2013
eBuildingSupplies has recently been acquired by The Lords Group of Companies. As part of the transaction, Unimer will continue to retain its existing minority stake in the business.
Commenting on the transaction, Shanker Patel, chief executive of The Lords Group, said: "We are excited about the future of eBuildingSupplies within the Lords group. As long-standing partners of eBuildingSupplies we have seen substantial and consistent sales flowing from the enquiries we receive from them. We are planning to invest significantly in developing and refining the current offering to merchants to help them share in the success we and other partners have benefited from."
Robin Somerville, who came up with the eBuildingSupplies concept over five years ago, said: "Last year I qualified as a barrister and mediator helping businesses resolve their commercial and employment disputes and realised that I was no longer the best person to take the business to the next stage in its development. I have proved the concept and now it is time for someone better placed to build on its success and take it forward. I can think of no-one better than The Lords Group to do so, given the impressive sales results that they have consistently achieved as partners.