Rebrand for door manufacturer
While the lawful name of the firm remains Midland Building Merchandise Restricted, the new younger management desires it to be now identified as MBP Door Solutions. The rationale is to promote the door manufacturer’s national credentials and employ a single name across its regional distribution companies. Every local department is now identified as an MBP
While the lawful name of the firm remains Midland Building Merchandise Restricted, the new younger management desires it to be now identified as MBP Door Solutions.
The rationale is to promote the door manufacturer’s national credentials and employ a single name across its regional distribution companies.
Every local department is now identified as an MBP Door Solutions regional distribution hub, which contains Midland Building Merchandise (MBP), Leeds Doors & Cubicles (LDC), Manchester Doors & Cubicles (MDC), Specialist Joinery Merchandise (SJP), Joinery Specialists Ltd (JSL), Southern Doors & Cubicles (SDC) and most well liked acquisition IBS Building Presents.
Midland Building Merchandise became space up in 1991 following a management buyout of a local timber service provider that became led by no longer too lengthy within the past retired managing director, Martyn Finney.
Last 365 days Martyn Finney and fellow directors John Vann and Peter McGuire, all now in their 60s, retired from the board and had been changed the next era – Danniel Finney, Michael Finney, Jason Vann and Thomas McGuire.
In the 365 days to 31st March 2023 the firm grew turnover by 18% to £26m and made a pre-tax earnings of £2.3m. Nonetheless, the first six months of the present financial 365 days noticed gross sales unhurried, with turnover encourage down 20%.
Martyn Finney acknowledged: “Love many substitute tales, ours hasn’t been with out its drawbacks. We’ve survived a devastating fire, which worn out our complete stock, a well-known recession, and the present pandemic. Fortunately we non-public an unheard of group and a longtime customer waddle, which had been considerable to the firm’s ongoing success.
“While our local markets are aloof essential to us, we recognised that our outmoded branding structure became confusing to our bigger regional and national clients and mandatory updating to replicate the firm that we non-public develop into. This rebrand will enact that at the same time as helping us to foster a ‘one group’ ethos across the total substitute.”
Gross sales director Adrian Wade added: “Rebranding and consolidating to MBP Door Solutions presents us a single set aside to make employ of that can unify communications internally and externally and contain us imprint take care of the expert, main participant that we are. In return, new national housebuilders, builder’s retailers, and contractors will non-public the self belief to replace with us which can give a take to lengthy-period of time job security and opportunities for our workers.”
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