IBMG raises funds for further expansion

Southern-based Independent Builders Merchant Group has secured funds to continue its expansion.
The £650m turnover builders’ merchant has secured new capital investment from Ares Management and Farallon Capital to advance its strategic growth plans.
Martin Stables, IBMG’s CEO, said that during 2024, IBMG would be launching new customer propositions covering renewables and sustainability.
He said the business would also look to expand its independent brand network through new br