MKM is probably the UK’s largest independent builders merchant, with branches across England and Scotland. There are approximately 4,500 builders merchants in the UK and MKM has around a 2% share of the market.
MKM’s store managers have stakes in the firm, amounting to 15%. Co-founder David Kilburn owns 40% of MKM, while private equity company 3i has 35% of the company and fellow private equity company LDC owns 10%. The company hopes to raise £220 million to underpin further expansion. There’s more detail at the FT.