Pontypridd-based home improvement and DIY online retailer Cool Blue Group has acquired a metal finishing company in Wolverhampton.
The e-commerce firm, which has sites in south Wales and the Midlands, has purchased SPS Brassware in the latest acquisition to Cool Blue Group's brand portfolio.
GS Verde Group advised on the transaction, however the value of the deal was not disclosed.
Read more: FinTech Wales launches third accelerator programme
The firm's portfolio now includes brands such as Socket Store, Cool Blue Interiors and manufacturer G&H Brassware for its customer base of consumers, trade professionals, wholesalers and internet retailers.
SPS Brassware manufactures door and cabinet hardware, electric switch plates, window fittings and hooks, as well as offering metal finishing and polishing.
The company said the acquisition strengthens the supply chain for G&H Brassware and expands Cool Blue Group's product offering, which includes flat pack bedrooms, kitchens, electrical fixtures and accessories, and lighting.
Director of Cool Blue Group Phil Stephens said: "We’re delighted to have acquired SPS Brassware and take such a reputable business forward, accelerating the Cool Blue Group’s growth journey.
"Since we began 10 years ago, our focus has been building relationships with the best industry suppliers and manufacturers, to provide customers with a straightforward online shopping experience. We are excited about the opportunity to connect with a greater number and increased range of customers with this new addition."
Read more:
