Tue, 26 Nov 2024 | BUSINESS SALE
Derbyshire Specialist Aggregates has continued building up its business by snapping up Norwich-based distributor Resins R Us.
Derbyshire Specialist Aggregates said the multimillion-pound investment deal brings together two of the UK's most successful resin-bound companies and further strengthens their position in the market.
The deal adds to Derbyshire Specialist Aggregates’ existing network of eight sites across the UK, including its head office and main production facility in Youlgrave, Derbyshire.
Its services include dried aggregates, pebbledashing, highway applications and green roofing. Founded in 1984 its tagline is 'Aggregates are our passion'.
Its customers include builders, architects, garden designers and Local Authorities. According to its most recent results for the year ending December 31, 2023 it posted a turnover of £33 million, down from £39 million in 2022.
It blamed general trading conditions, but it was confident that they would improve in 2024.
Family owned firm Resins R Us, which also sells to builders, landscapers, architects and homeowners will continue to operate as an independent division, with no interruptions to service or deliveries. All customer contacts and purchasing processes will remain unchanged.
Sam Buckley, managing director of Derbyshire Specialist Aggregates, said: “We have long admired the customer service and delivery standards achieved by Resins R Us. Combining the resources and expertise of both companies will enable us to further enhance our resin-bound products and services, as well as strengthen our national coverage with a site in East Anglia.”
Flint Bishop’s corporate and finance team, led by partner Mark Wilcock, provided legal advice on the deal.
Wilcock said: “We were delighted to support Derbyshire Aggregates on this strategic acquisition, and we look forward to seeing the wider Derbyshire Aggregates Group thrive. The timetable for the legal process was challenging, but the team worked tirelessly to get this transaction completed ahead of the budget.”
Find out why there is optimism in the building sector
This well-established business is a leading name in the region, renowned for its quality products and outstanding service, catering to both trade and retail markets.
This established company offers extensive building and civil engineering services, excelling in complex projects and properties with challenging ground conditions. With an experienced management team and a strong presence in Wales, South West England...
Explore a unique opportunity to acquire a successful independent building company in Lincolnshire, known for its robust client base and proven track record.
13
|
Jun
|
IT services giant divests domestic business to focus on international growth | DIVISION SALE
M247 Group, a major connectivity and IT services group headq...
13
|
Jun
|
Listed engineering business to be taken private by US buyer | BUSINESS SALE
Renold, a listed engineering business headquartered in Manch...
13
|
Jun
|
Acquisitive accountancy firm secures fresh backing for M&A drive | BUSINESS NEWS
A Carlisle-headquartered accountancy and advisory business t...
14
|
Nov
|
Swanton Care buys mental health services peer Oaklands Support | BUSINESS SALE
Private equity backed Swanton Care has bought counterpart Oa...
09
|
Sep
|
Law firm enters Leeds market with acquisition | DIVISION SALE
Law firm Flint Bishop has entered the Leeds market with the ...
12
|
Oct
|
Aggregates firm expands with acquisition of resin surfacing business | DIVISION SALE
A Derbyshire-headquartered aggregates group has expanded wit...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.