BDO has advised the shareholders of Dorsey Construction Materials Limited on the sale to Rӧko AB. Dorsey is a market leading specialist B2B distributor of construction accessories, principally to housebuilders and brickwork contractors.
The business has experienced strong growth over recent years, with success driven by a strong focus on exceptional service and reliability, along with a wide one stop shop product range and innovative own design products.
Röko is a Swedish perpetual owner of small and medium-sized businesses in a variety of industries across Europe.
"Having no previous M&A experience going into this process, the shareholders were looking for an adviser that could carefully guide us through its complexities and find us an acquirer that could help support Dorsey with the next stage of its journey. BDO were excellent at achieving both of these goals and successfully steered us through the twists and turns of the process. We had senior team involvement throughout who were responsive and very diligent in their work and produced some excellent marketing material. Their sector knowledge and contacts were also a great use and they brought a number of new parties to the table (UK & International) that we would not otherwise have had access to. We would not hesitate to recommend the team."
Howard Bird, Managing Director and Shareholder, Dorsey Construction Materials Limited