The NP Group has completed the purchase of Quantum Building Supplies in Jersey from Scott and Alison Donaldson.
The NP Group is an established timber and builders’ merchant, based in Guernsey. This acquisition, further expands its Channel Islands portfolio of businesses and will be its second in Jersey, having founded Jeco Homes seven years ago.
Adrian Norman of the NP Group said: “We are delighted with the acquisition of this well-established business, which gives us the chance to develop our group. NP will be looking to invest in the company and build on the excellent foundations achieved by Scott and Alison.”
Quantum Building Supplies was founded in 1994. Under careful management, and with the support of loyal employees and customers, the business has expanded to achieve a significant turnover.
“Alison and I are pleased to be handing over Quantum to another family-run company with similar business ethics to further grow and expand the business. We want to thank everyone who has supported us over the years and are excited about the future of our business within the NP Group,” added Scott Donaldson.
Paul Rogers, CEO of the NP Group, added: “This is an excellent expansion for us. The first-class reputation Quantum enjoys, along with the strong relationship with its customer base, gives us a solid foundation on which to develop in Jersey.”