TIMCO, a leading supplier of essential products for the construction and industrial sectors, has appointed Craig Varey to the role of Managing Director as TIMCO continues to grow the business.
Craig, who succeeds Simon Midwood, has a wealth of experience having previously led Banner (part of the EVO Group); a successful stationery wholesaler for the last six years.
His appointment further strengthens the senior management team as Simon Midwood becomes Chairman with immediate effect. Simon will be responsible for leading the TIMCO Board as well as working alongside the wider Bufab Group following the company’s acquisition last March.
TIMCO has been rapidly expanding and is now a one-stop-shop for over 4,500 builders’ merchants across the UK and Ireland, supplying over 8,000 essential products that trade professionals rely on every day. It has more than 140,000-square-feet of warehousing in the UK, as well as offering both next day and direct to site delivery.
About Bufab
Bufab AB (publ), Corporate Registration Number 556685-6240, is a trading company that offers its customers a full-service solution as Supply Chain Partner for sourcing, quality control and logistics for C-Parts (screws, nuts etc.). Bufab’s Global Parts ProductivityTM customer offering aims to improve productivity in the customers’ value chain for C-Parts.
Bufab was founded in 1977 in Småland and is an international company with operations in 28 countries. The head office is located in Värnamo, Sweden, and Bufab has about 1,500 employees. Bufab’s net sales for the past 12 months amounted to SEK 5.9 billion and the operating margin was 11.8 percent. The Bufab share is listed on Nasdaq Stockholm, under the ticker “BUFAB”. Please visit www.bufab.com for more information.
TIMCO prides itself on providing award-winning service and searching for new, innovative ways to support its customers. TIMCO is a one-stop-shop for over 4,500 builders’ merchants across the UK and Ireland supplying essential products that trade professionals rely on every day. Over the past 18 months the product portfolio has increased from 5,500 to over 8,000 lines and all products have been rebranded to come under the TIMCO umbrella.