Aggregates firm’s acquisition expands UK network
Derbyshire Specialist Aggregates has bought Norwich-based distributor Resins R Us in a multimillion-pound investment deal.
The acquisition adds to Derbyshire Specialist Aggregates’ existing network of eight sites across the UK, including its head office and main production facility in Youlgrave, Derbyshire
Resins R Us will continue to operate as an independent division, with no interruptions to service or deliveries. All customer contacts and purchasing processes will remain unchanged.
Flint Bishop’s corporate and finance team, led by partner Mark Wilcock, provided legal advice on the deal.
Sam Buckley, managing director of Derbyshire Specialist Aggregates, said: “We have long admired the customer service and delivery standards achieved by Resins R Us. Combining the resources and expertise of both companies will enable us to further enhance our resin-bound products and services, as well as strengthen our national coverage with a site in East Anglia.”
“We set an almost impossible task for Mark Wilcock and Martyn Brierley from Flint Bishop, along with Janet Rhodes from the wider deals team,” added Buckley. “However, thanks to the commitment from all parties and their above-and-beyond efforts, the deal was completed ahead of the October budget timeline. I would not hesitate to recommend the team at Flint Bishop.”
Wilcock added: “We were delighted to support Derbyshire Aggregates on this strategic acquisition, and we look forward to seeing the wider Derbyshire Aggregates Group thrive. The timetable for the legal process was challenging, but the team worked tirelessly to get this transaction completed ahead of the budget.”