Marshalls acquires roof systems specialist Marley
The deal is a strategic fit with the aims of Marshall’s UK growth plan.
Marshalls, the UK-based concrete and natural stone paving company, has signed a £535 million deal with Inflexion Private Equity to acquire 100% of the Marley Group, a manufacturer of roofing systems based in Burton, Staffordshire.
The company’s board sees the acquisition as a strategic step in its growth trajectory that will accelerate its five year strategy to become the UK’s leading manufacturer of products for the built environment.
The Marley Group has been operating for around 100 years and offers a broad range of products including concrete and clay roof tiles, timber battens, roof fittings, solar panels and roofing accessories, all of which are complementary to Marshalls’ offerings.
“Marley is a highly profitable business with established market positions across UK RMI and new build housing,” said Martyn Coffey, CEO of Marshalls. “Much like Marshalls, its position is underpinned by a track record of product quality and customer service, and we believe Marley will represent a strong cultural fit with our own business.”
Marley will remain a standalone division and will continue to be led by the current management.
Marshalls reported record sales of £589.3 million in 2021, up 26% on 2020 and 9% on 2019.
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