Breedon said that the acquisition of Kettering-based Phoenix Surfacing supports the expansion of its Surfacing Solutions 聽business, following the acquisitions of Lincoln鈥檚 Minster Surfacing in 2023, and Nottingham's Thomas Bow Ltd in 2022.
Founded in 1991, Phoenix has grown into one of the Midlands鈥� leading independent surfacing contractors and merchanting businesses, turning over 拢23m in the year to March 2023 and聽making a pre-tax profit of 拢2.0m.
James Haluch, managing director of Surfacing Solutions at Breedon, said: 鈥淲e are delighted to welcome Phoenix to the Breedon team as we continue to focus on expanding our Surfacing Solutions business鈥� geographic footprint and offer for our clients.
鈥淧hoenix Surfacing has built up a huge amount of experience over the course of its history and has an outstanding delivery team; the combination of our businesses will significantly enhance our offer in the Midlands, while also strengthening our regional surfacing, airfields and recycled asphalt capabilities across the Breedon group.鈥�
Phoenix Surfacing managing director Alistair Lauder said: 鈥淭his is a significant milestone in our company鈥檚 history and we are excited about the opportunities the transaction will bring to our customers and colleagues. We look forward to leveraging the strengths of Phoenix and Breedon together, to enhance our overall capabilities and provide an excellent service for our customers.
鈥淪ince we founded Phoenix Surfacing in 1991, we have always focused on delivering the best customer service, supporting our people and growing our business, and Breedon is the perfect partner for us as we continue to deliver on these goals.鈥�
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