Nu Stock joins Magden in Amicus acquisition
21st April 2015
AMICUS BUILDING PRODUCTS, the holding company of PVC building and insulated glazing products distributor Magden, has doubled the network of branches around Northern Britain – and added an online sales facility – with the acquisition of Nu Stock Ltd.
Amicus Managing Director Nick Friend said: “Nu Stock branches will significantly add to our geographical reach. The acquisition instantly enhances the service and products we can offer and means existing customers of both Magden and Nu Stock will benefit from a wider network of branches as well as having the ability to order supplies online.”
Nu Stock has six branches in Stockton-on- Tees, Hull, Barnsley, Paisley, Washington and Darlington.
The acquisition comes after a period of significant investment and growth for Magden, which last year opened its fifth branch in Blaydon near Newcastle, and this year completed refurbishing all of its other branches.
In autumn 2014 Amicus also acquired County Durham-based Décor Cladding Centre, which has led to decorative cladding being added to the stock list of all Magden branches.
This combined network takes the ownership of Amicus Building Products to 12 branches serving the specialist PVC building products market across both the North of England and Scotland, and two online shops catering to the wider UK.
www.nu-stock-shop.co.uk
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