# Parker Building Supplies acquires Stamco

Parker Building Supplies has acquired Sussex Turnery and Moulding Company (Stamco), a builders' merchant and timber processor, for an undisclosed sum. The acquisition expands Parkers' branch network in Sussex and Kent.

- Type: Acquisition
- Announced: 2019-06-18
- Where: Sussex and Kent, United Kingdom
- Status: completed
- Products: builders' merchant supplies, timber processing
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Parker Building Supplies](https://endata.com/companies/40061.md) (acquirer)
- [Sussex Turnery and Moulding Company](https://endata.com/companies/40062.md) (target)
- [Cairngorm Capital](https://endata.com/companies/40063.md) (investor)

## Sources

- [rcimag.co.uk](https://rcimag.co.uk/news/parker-building-supplies-acquires-stamco), 2019-06-18: "This is a key step in Parkers’ strategy to expand its business through a combination of acquisitions, new site development and organic growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.