Ennstone builds US and UK operations

Ennstone, a supplier of a diverse range of products and services to the construction, building, drainage and rail sectors, has acquired a purchase option for a US firm.


Ennstone, a supplier of a diverse range of products and services to the construction, building, drainage and rail sectors, has acquired a purchase option for a US firm.

Ennstone, a supplier of a diverse range of products and services to the construction, building, drainage and rail sectors, has acquired a purchase option for a US firm.

The purchase option of a Virginia-based sand and gravel supplier is expected to be exercised early next year for some $35 million (£16.8 million).

Ennstone has also acquired two Scottish firms – limestone quarry owner The Boyne Bay Lime Company and concrete block manufacturer DW Gordon Bricks – for a total £4.6 million.

Employer to more than 1300 people throughout the UK, USA and Poland, Enstone has also recently acquired Deep Creek Ready Mixed, comprising two ready-mixed concrete plants in Maryland, US.

Ennstone chairman Vaughan McLeod said: “Since receiving the proceeds of our placing and open offer earlier this year we have been extremely active in acquiring bolt-on assets.

“The acquisitions continue our stated strategy of increasing our mineral reserves, particularly in the US and Scotland, and improving and protecting the routes to market for our existing resources.”

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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