Huws Gray was founded in 1990 in
Gaerwen,
Anglesey,
Wales, starting with just one branch and four employees. Over the years, the company expanded rapidly through organic growth and strategic acquisitions. A key milestone came in October 2018, when Huws Gray acquired Ridgeons Ltd, a respected merchant with over 40 branches across
East Anglia. This move significantly extended Huws Gray’s reach into the southeast of England. In April 2018, the company secured a minority investment from Inflexion Private Equity, which supported its growth ambitions and helped double its headcount and profits over the following years. In June 2021,
Blackstone Inc. acquired a stake in Huws Gray from Inflexion, valuing the business at around £1 billion. This investment coincided with Huws Gray’s largest acquisition to date: the £520 million purchase of
Grafton Group’s merchanting businesses in Great Britain, including
Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, and Bathroom Distribution Group. These strategic moves have helped Huws Gray Group grow to over 330 branches across England, Wales, and Scotland, solidifying its position as a leader in the building materials sector. == Operations ==