Stock Building Supply Locations Moving Back Into Locals' Hands
The divestiture of Stock Building Supply by UK-based distributor Wolseley plc has sparked a string of expansions for small,
local building materials distributors who are picking up the locations left by Stock. Or former owners of those locations
are buying them back.
Theformer Stock branches are being reinvented as local, independent distributors.
And in many cases the former employees of those Stock locations are being rehired by the new owners. In this article by the Valley Courier, a family that owns another long-time nearby building materials distributor purchased the former Stock property. The distributor plans to re-open the location as Alamosa Building Supply ...
The divestiture of Stock Building Supply by UK-based distributor Wolseley plc has sparked a string of expansions for small,
local building materials distributors who are picking up the locations left by Stock. Or former owners of those locations
are buying them back.
The former Stock branches are being reinvented as local, independent distributors.
And in many cases the former employees of those Stock locations are being rehired by the new owners. In this article by the Valley Courier, a family that owns another long-time nearby building materials distributor purchased the former Stock property. The distributor plans to re-open the location as Alamosa Building Supply sometime in the next month.
One of the new owners said: "We are just excited as a company going forward with this, expanding our operation, and we are glad that we could continue to keep the money here in the Valley. It is not going to go out to some big corporation out of town or out of state."
According to some news reports, Building Industry Partners, a private equity firm, is partnering with Stock locations' managers in some states and converting those locations into independent local firms.
Stock
Building Supply was formed from Wolseley's acquisition of Carolina Builders in 1986 and built up rapidly through acquisitions.
Recently, Wolseley announced that private equity group The Gores Group would take majority ownership in a joint venture agreement
between the two. Stock went through a restructuring first. As part of the filing, Stock said it would close more than 200
locations. The distributor is now focused on 19 core markets.
 |
|
| View the Top Distributors in 12 Sectors: | |
| 2011 Distribution Landscape Report: Access Now | |
Join MDM's Independent Distributor
Network 
Follow MDM on Twitter
Sponsored Links
- Cloud ERP, the next innovation in distribution software. Learn more.
- Get better eCommerce, an easier back-end, and increase revenue.
- Free GCommerce whitepaper: How to reduce transaction costs, streamline special orders
- Cloud ERP, the next innovation in distribution software. Learn more.
- Protect your revenue and grow your business with Cortera PulseTM
- NSK's P4Y precision-class universal bearings' multiple configurations reduce inventory
- Resources and training tools for distributor sales, management and more in the MDM Store
MDM Digital
 The Case for Mobilein Distribution Marketing John Sonnhalter explains why distributors should include mobile in their marketing plans and how to start. Watch now. iPad users: click here to view. |
 Economic Update:The Festering Euro-Crisis MAPI Economist Kris Bledowski analyzes the outcome of recent meetings about the European banking and debt crisis. Watch now. |
 Online Marketing Tipsfrom Bob DeStefano Many companies make the same mistake on their company websites. Do you? Find out. |
More Audio and Video Features from MDM: |
Think About It: |
Upcoming Programs
|
|
Training Resources
 |
 |
 |
 |
|||
|
Featured Article - MDM-Baird Benchmarking Survey: Distributor Optimism Returns $34.95 |
Management Tips from Modern Distribution Management $49.95 |
Inventory Management Best Practices with Jon Schreibfeder: DVD + Book $119.00 |
Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers $249.00 |
| Title | Company | Location |
|---|---|---|
| Marketing/Sales - Advanced Supply Chain Business Intelligence Systems - Big Data Analytics | Scientel Information Technology, Inc. | Southeast Michigan |
| Marketing/Sales - Advanced Supply Chain Business Intelligence Systems - Big Data Analytics | Scientel Information Technology, Inc. | Southeast Michigan |
| Marketing/Sales of Advanced Supply Chain Business Intelligence Systems & Big Data Analytics | Scientel Information Technology, Inc. | Southeast Michigan |
| Credit/Collections Manager | APR Supply Co. | Lebanon, PA |
| Management Trainee | APR Supply Co. | Lebanon, PA |
| INDUSTRY SPECIALIST - Rubber Products | KAMAN Industrial Technologies | North East Area - CT, MA, ME, NY, RI, VT |
| Sales Account Manager - Energy Market Segment | TESSCO | Baltimore, MD |
| View ALL Wholesale Distribution Job Listings |
|
|
Industry Topics sponsored by
Distribution Trends
|
Economy
|
Management/Strategy
|
Interviews
|
Operations
|
Technology
|
Mergers/Acquisitions
|
Case Studies
|
Sales & Marketing
|
MDM Calendar
Mobile Technologies for Distributors with Steve Epner
Featured Products
Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers
2011 MDM Market Leaders and Distribution Landscape Report
The B-to-B Online Marketing Toolkit:
A Step-by-Step Plan for Distributors and Manufacturers to Leverage Online Marketing
for Bottom Line Results
Leave a Comment