Huws Gray Limited
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Huws Gray Limited - overview
Established
1990
Location
-, -, UK
Primary Industry
Retail
About
Based in the UK, Huws Gray Limited operates as the UK's largest independent builders’ merchant, providing a wide range of building materials for trade professionals and DIY enthusiasts alike. Huws Gray Limited is a prominent builders’ merchant catering to construction needs across England, Scotland, and Wales. The company was founded in 1990 and has undergone significant growth, including its acquisition by Blackstone Group in June 2021, marking a new phase in its operational strategy. The current CEO is Daksh Gupta.
Huws Gray operates as the UK's largest independent builders’ merchant, specializing in a comprehensive range of building materials for trade and DIY customers. The company offers thousands of products, including essential categories such as building materials, timber, tools, workwear, plumbing, and electrical supplies. These products cater to professionals in the construction industry and individual DIY enthusiasts, assisting them throughout their building projects from inception to completion. Huws Gray generated a revenue of USD 1,744.
45 mn in 2023, with an EBITDA amounting to USD 73. 86 mn for the same year. The company primarily generates revenue through direct sales of building materials and related products to trade customers and individual consumers, ensuring a steady flow of income from its extensive product range. Huws Gray plans to launch new product lines aimed at enhancing its offerings in the construction sector.
While specific release dates are not disclosed, the expansion strategy includes targeting new geographic regions to broaden its market presence. The recent acquisition by Blackstone Group in June 2021 will support these initiatives, allowing the firm to leverage additional resources for growth and development.
Current Investors
Blackstone Group
Primary Industry
Retail
Sub Industries
Home Improvement & DIY, Electrical, Plumbing & Hardware Distributors, Warehouses
Website
www.huwsgray.co.uk
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Huws Gray Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | BTE Plant Sales Ltd | - | ||||||||
| Add-on | Announced | Sitetech Building Products Limited | - | ||||||||
| Add-on | Completed | Huws Gray Swansea | - | ||||||||
| Add-on | Completed | Sandysike Builders Merchants Limited | - | ||||||||
| Add-on | Completed | Grafton Group Plc | - |
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