Tue, 01 Jul 2025 | BUSINESS SALE
Construction materials provider Fox Brothers Holdings has acquired heavy haulage, road planning and asphalt reprocessing specialist J Fisher & Sons Limited. The deal is Blackpool-headquartered Fox’s first acquisition since it secured private equity backing last year.
Manchester-based J Fisher & Sons is described a key player in the circular construction space in the North West, managing in excess of 200,000 tonnes of recycled asphalt planings (RAP) per year.
The acquisition is said to represent a significant milestone in Fox Group’s journey to establishing itself as a “fully integrated circular construction materials business” and is the first deal the firm has completed since it was acquired by private equity firm Stellex Capital Management in September 2024.
The deal is expected to drive strong synergies for the group, such as the use of RAP within its asphalt production process. The group’s new £4 million Leyland Asphalt plant is set to open this month.
In accounts for the year to August 31 2024, J Fisher & Sons reported turnover of £11.3 million, up from £9.5 million a year earlier, while increasing post-tax profit from £3.9 million to £4.2 million.
Fox Group CEO Paul Fox said that the acquisition of J Fisher & Sons "will further broaden our circular offering to customers bringing our annual use of recycled products to circa 2 million tonnes.”
He continued: "Fishers has a strong management team, and we welcome them and their colleagues as we continue with our expansion plans.”
“We are committed to a smooth transition for the teams and customers of Fishers and we anticipate continued success and growth through this synergistic partnership.”
According to Fishers director Colin Fisher, joining the Fox Group will enable the company “to work with their expansive network and resources, providing significant opportunity to grow and meet the increasing demand for RAP.”
Fisher added that the “support and partnership” of the Fox Group “will help further our mission to drive circularity and sustainability throughout our business.”
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