Thu, 12 Oct 2023 | DIVISION SALE
A Derbyshire-headquartered aggregates group has expanded with the acquisition of a resin surfacing business. Derbyshire Specialist Aggregates says its acquisition of Geveko Markings’ resin surfacing operations marks a significant step in the company’s growth plans in the UK and international resin bound market.
Geveko Markings Group sold the operation after concluding it was not a strategic priority, following an extensive strategic review. The deal sees Derbyshire Specialist Aggregates take on all of the operation's manufacturing plant, product and equipment, while the company will also retain all of its employees.
As well as boosting Derbyshire Specialist Aggregates’ resin surfacing offering, the acquisition of the Stalbridge, Dorset-based business adds a new site to its seven existing UK bases. The group has its head office and main production facility in Derbyshire, along with its DALTEX Central Hub in Ashbourne, two DALTEX Trade Centres in Brighouse and Bridgend, a slate plant in Bangor and two large dock facilities in Goole and Mersey Wharf.
Derbyshire Specialist Aggregates Managing Director Sam Buckley said that the acquisition was “the perfect next step in our commitment to offer only the highest quality resin and aggregate to the UK resin bound market."
The company’s Chief Executive and founder Martin Poulter, meanwhile, commented: "As the manufacturer of DALTEX, the UK's number one brand in resin bound, we are delighted to announce this significant strategic acquisition which is a huge development in our plans for future growth in the UK and international resin bound market."
Geveko Markings Group Chief Executive Andre Thomsen added: "After a thorough strategic review, we concluded that the decorative resin surfacing market is not a strategic area for our business. The transition of our devoted team and good customers to Derbyshire Aggregates embodies a promising chapter for all involved."
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