About the client
Amicus Building Products is the parent company of a group created from the MBI of Magden Limited and the subsequent acquisition of Décor Cladding Centre Limited. The group is a distributor of roofline plastics, internal decorative cladding and components for the insulated glass industry. Amicus Building Products is chaired by Brian Higgins, a partner at Rickitt Mitchell.
About the deal
Décor Cladding Centre had grown quickly from start-up to trading profitably at £1m+ turnover, selling both through a trade counter and via online shops. The owners wanted to pass the business on to an acquirer that would be able to facilitate the continued growth whilst maintaining the brand and workforce. Amicus has continued to run DCC’s existing business independently whilst also offering the DCC product range through Amicus’s wider branch network.
“The acquisition of DCC gives us access to the fast growing and high margin internal cladding market. It also gives us another product range that fits well with our existing customer base.”Brian Higgins | Chairman | Amicus Building Products