The Business Magazine - B2B Business News - Site Logo

Warning: Undefined array key "selectissue" in /home/970822.cloudwaysapps.com/utkbfqnuhr/public_html/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 4

Warning: Undefined array key "tbm_visit_edition_me" in /home/970822.cloudwaysapps.com/utkbfqnuhr/public_html/wp-content/plugins/oxygen/component-framework/components/classes/code-block.class.php(133) : eval()'d code on line 22
The Business Magazine - B2B Business News - Site Logo
The Business Magazine May 2024
Read now
PICK YOUR EDITION

Bristol aggregate company sold to Heidelberg Materials UK

The Business Magazine article image for: Bristol aggregate company sold to Heidelberg Materials UK
B&A Group bought by Heidelberg Materials UK
24 May 2024
B&A Group bought by Heidelberg Materials UK

West Midlands and South West accountancy firm Bishop Fleming has advised on the sale of Bristol-based B&A Group to Heidelberg Materials UK.

B&A Group is one of the leading construction soil and aggregate recycling companies in south west England, employing a team of 70 and specialising in the supply of recycled and primary aggregate as well as site clearance, earthworks, land remediation and sustainable land regeneration.

The acquisition will significantly strengthen Heidelberg Materials UK’s circular offering while complementing its existing aggregate and ready-mixed concrete businesses. It adds a considerable recycling platform to its portfolio, supporting the development of innovative technologies for processing soils & construction waste and upgrading it for use in the construction cycle as a valuable material.

Clare Berkely, B&A Group Director, said: "We are incredibly proud of the acquisition by Heidelberg Materials UK. We have built an exceptional business, and this acquisition represents a significant milestone in our journey so far. We are incredibly excited to move towards greater growth on a larger platform with our talented workforce and Heidelberg Materials UK."

B&A Group Directors Kevin & Aidan Berkely added: “We cannot stress enough how instrumental our dedicated team have been in helping us get to where we are today. We want to thank all our incredible staff, management, customers, and supporters and we look forward to working with Heidelberg Materials UK during the next chapter for Bristol & Avon Group.”

Charles Davey, Corporate Finance Partner at Bishop Fleming, said: “It has been a pleasure advising the shareholders of B&A Group on their successful sale to Heidelberg Materials UK. Having recently celebrated 30 years in business, joining Heidelberg Materials UK will provide the platform to further accelerate B&A’s growth in this critical sector for the UK economy and net zero transition. This transaction demonstrates Bishop Fleming’s ability to offer an integrated multi-service line approach to deliver successful succession outcomes for family businesses in the South West and Midlands.” 

Simon Thomas and Cormac Hayes from Clarke Willmott provided legal advice to the sellers. Chris Jones and Dione Shorten of Berry Smith advised on property matters.


Share 

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

Latest deal ticket

All deals
  • Gristwood & Toms (Hertfordshire)
    has been acquired by
    Nurture Group (Surrey)
    June 2024
    UNDISCLOSED
    Who's behind the deal?
  • OnSecurity (Bristol)
    has secured investment from
    Gresham House Ventures (London)
    June 2024
    £5.5m
    Who's behind the deal?
  • Two Cedars Care Home (Dorset)
    has been acquired by
    Serenata Care (Dorset)
    June 2024
    UNDISCLOSED
    Who's behind the deal?

Events

All events

Related news


Group Titles

Dorset BIZ NewsHampshire BIZ News
cross