Avonside Group has purchased eco-roofing specialist Ploughcroft for an undisclosed sum.
As one of the UK's largest roofing companies, Avonside said its acquisition of the Yorkshire-based eco-roofing contractor will accelerate its expansion into the domestic Yorkshire market, as well as creating 25 new jobs in the region over the next two years
In addition, the deal will take Ploughcroft's Eco-Roof energy-saving product nationwide for the first time.
Avonside Managing Director, Tony Burke, said: "We are extremely pleased to be announcing this exciting acquisition. We have been aware of Ploughcroft and its innovative roofing systems for some time now and the deal will not only bring us a best-in-class eco roof solution, but it will allow us to accelerate our expansion into both the Yorkshire, Lancashire and Cheshire markets. It is also about introducing Ploughcroft's unique "roof that pays for itself" to our customers in other regions of the UK.
"Avonside group have recognized for some time that the construction sector must innovate to meet UK carbon saving objectives by 2020, and this acquisition allows us to build on the excellent progress made by Chris, Helen and the team at Ploughcroft, we are looking forward to working closely with them to take full advantage of the position they have established."
Ploughcroft founder Chris Hopkins added: "We are delighted to be joining the Avonside Group, which we believe will allow us to further promote the message of affordable energy efficient roofing systems for the domestic homeowner sector.
"The scale and resource afforded by being a part of one of the UK's largest roofing contractors will give us the platform to grow substantially and in a sustainable manner."
(LM/MH)
Time and date
CONSTRUCTION DIRECTORY
Construction News
06/01/2017
Avonside Group Acquires Eco-Roofing Specialist Ploughcroft
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