posted 8th May 2024
D.G. Heath (Timber Products), a family-run timber, landscape and Flooring Supply business based in Swansea, has been acquired by LBS Group, the largest independent builders' merchants in South Wales, in a transaction advised on by GS Verde Group.
Established over 30 years ago, D.G. Heath specialises in the supply of high-quality timber products to customers across Swansea and surrounding areas from its base in Pontarddulais. The company has a dedicated and passionate team who are experts in a huge variety of timber products and other building materials, tools, fixings, and home improvement products.
The business provides timber as building materials, as well as decking, fencing, gates, structures, flooring and more, alongside roofing, insulation, underfloor heating, treatments, and ironmongery, D.G. Heath have carefully cultivated a stellar reputation for quality and excellent customer service among both retail and trade clients.
After many successful years, the sale comes after the family made the decision to sell the business at a time of continued growth and positivity, and sought a like-minded partner in the sector that shared their values and commitment to quality. LBS Group was the perfect fit.
Founded in 1931, LBS is the largest and leading independent builders' merchants in South Wales. Over 35 sites, the Group includes the brands LBS Builders' Merchants, LBS Kitchens & Bathrooms, LBS Renewables, Total Plumbing, and Talbot Timber.
Dean Heath, Branch Manager at D.G Heath said: "It's an exciting part of D.G. Heath's journey to now become part of the LBS Family. LBS has been fantastic throughout the process and the Owners and Staff have done everything pre- and post-sale to enable a smooth transition. GS Verde Group has also been great, supporting us in all aspects of the transaction to make it as stress-free as possible. As a family-run business, we are looking forward to this next chapter, getting to know new customers and seeing how much further the business can grow supported by a group structure."
The acquisition will add the D.G. Heath brand to the LBS family of brands, expanding the timber and landscaping aspects of the Group, while maintaining the D.G. Heath brand and staff to uphold the excellent level of customer service and the business's long-term legacy.
The GS Verde Group are the business-focused experts in getting deals done. Combining all the services needed to complete a corporate transaction, including legal, corporate finance, tax, accountancy and even communications, GS Verde Group acts as a complete advisory team and provides a truly end-to-end service.