IBMG expands on roofing with new acquisition
Posted: Tuesday, June 20th, 2023
Independent Builders Merchant Group (IBMG), a merchant group in the South of England, has acquired Roofing Gear, expanding its specialist roofing division by a further three branches and adding another £6 million turnover to the Group. Established 19 years ago, Roofing Gear has three branches located in Yeovil, Dorchester, and Poole providing a comprehensive range of roofing products, insulation, and associated materials. This latest acquisition provides IBMG’s Roofing division with further geographic coverage, increased product extension and a strong platform for further growth. Culturally both companies share a common vision, an independent ethos, and a commitment to providing exceptional customer service. The roofing merchant will continue to trade as Roofing Gear. Jeremy Gear will remain in the business and work with Danny Spokes, managing director for IBMG’s Roofing division, to ensure the business’ successful integration into the Group. Jeremy Gear, managing director of Roofing Gear said: “This is a great next step for us. IBMG is the perfect custodian for Roofing Gear and this acquisition opens an exciting new chapter for us all.” With this latest acquisition IBMG now owns 177 merchant branches throughout the country, this includes 13 roofing merchant branches of Chandlers Roofing Supplies and Independent Roofing Supplies. Roofing Gear was founded in 2004 by Jeremy Gear. The business’s first branch was in Yeovil, followed by branches in Dorchester and Poole. In 2020, Jeremy was also appointed chairman of the Builders Merchants Federation’s (BMF) Roofing Forum.
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