Aggregate Industries acquire Northumbrian Roads Ltd
Company expands operational footprint in North East via acquisition of Northumbrian Roads Ltd
AGGREGATE Industries have acquired Northumbrian Roads Ltd, a leading independent road surfacing and highway maintenance contractor with a very strong presence in the North East market, due to their two large asphalt plants at the Port of Tyne and the Port of Sunderland.
The acquisition is in line with Aggregate Industries’ Strategy 2022 – ‘Building for Growth’ and will strengthen the company’s market position in support of the much-needed major infrastructure schemes that will lead the economic recovery following the COVID-19 pandemic. The terms of the deal were not disclosed.
Guy Edwards, chief executive officer of Aggregate Industries UK, said: ‘We have been very impressed with the Northumbrian Roads business. They share the same values, including a strong health and safety culture and their expertise and approach to customer service, so I believe that they will be a great addition to our portfolio.
‘The unprecedented challenges of this year have highlighted that now, more than ever, the importance of infrastructure projects which will be the backbone of our economic recovery. Throughout the pandemic we have been proud to help keep Britain running and this acquisition will allow us to play an important part in the North East infrastructure schemes.’
Sean Lynch, managing director of Northumbrian Roads Ltd, added: ‘Ever since the company was founded by my father John Lynch and business partner George Barton over 31 years ago, we have progressively grown the company, focusing on strong relations with our customers, teamwork and innovation, complemented by the highest-quality materials and a first-class service.
‘We are now excited to continue our journey under the ownership of Aggregate Industries, as this partnership will allow us to further develop our business, while maintaining our ambition to be the preferred surfacing partner for all our customers.’