GRS has announced the acquisition of two bagged aggregates operations, in Staffordshire and Devon, have joined the GRS Group from Aggregate Industries (part of LafargeHolcim) for an undisclosed figure.
The additional facilities will enhance its local offering in the Midlands and South West. The plants are located at Barton under Needwood and Uffculme.
Chief Executive Officer of GRS Jon Fisher said: “Along with the purchase of Maen Karne, buying this acquisition reflects our optimism in the economy and the building industry.“Over the next few weeks we’ll be working to ensure a seamless transition for existing customers of the two plants so they start to experience the high levels of service we’re able to provide, coupled with an extensive range of core, decorative and specialised aggregates.”
This comes just two days after GRS completed the purchase of Cornish company Maen Karne, an acquisition that strengthens the company’s position in the south west across all its business lines.
GRS chief executive Jon Fisher said: “Maen Karne is a natural fit for GRS. We’ve been working with them for some time and we’re impressed by the way they do business. They are a highly professional and passionate team with a customer-led, can-do attitude very much like ourselves.”Maen Karne founder and managing director Julian Chenoweth said: “The decision to sell was never going to be easy, but this is the best way to ensure that the business will continue to thrive. Joining forces with GRS gives us solid backing to keep growing and look forward to the next chapter of the Maen Karne story.”
As part of the GRS Group Maen Karne operations director Ross Facey will take on the overall management of the business while Julian Chenoweth will continue as a non-exec director working with the board of Maen Karne and the wider GRS Group.
Read the article online at: https://www.worldcement.com/europe-cis/19012017/grs-acquires-new-operations/
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