Who owns mkm

Established in Hull in by David Kilburn and Peter Murray, MKM was built on the concept that skilled, local people who understand the needs of local customers, should serve the local trade. MKM is differentiated through its unique business model, centred around Branch Directors owning an equity stake in their branch and currently has 47 branches across England and Scotland, employing in excess of 1, people.

For further information, please visit: www. We back international growth plans, providing access to our network and expertise to accelerate the growth of companies across the consumer, industrials and business and technology services industries. Bain Capital Private Equity www.

Simon Borrows, Chief Executive, commenting on our full year results which have just been announced. Builders jump between jobs: if you know that and understand that you can accommodate it. The size and scale of MKM Building Supplies is not the end of the story for Kilburn, despite having recently celebrated his 71st birthday.

He bought out several of the founding directors a decade ago and brought in additional funding from LDC. The management team now has a 56 per cent stake; 3i retains 34 per cent and LDC has 10 per cent. There is much more to the story to come, and in summer MKM appointed Philip Johns as chief executive. He joined from listed company SIG, where he was a managing director. At my age I want to take some equity of the table. I took some off in , but not a substantial amount because I had to roll a lot over when I bought some of the other shareholders out.

He has no plans to exit fully. He attests they could have gone even quicker. To open ten branches a year, it takes up a lot more time. Other options. Close drawer menu Financial Times International Edition. Search the FT Search. World Show more World. US Show more US. Companies Show more Companies. Markets Show more Markets. Opinion Show more Opinion. Personal Finance Show more Personal Finance.