Takuechi Finance Takuechi Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Sat April 21 2018

Related Information
Related Information
Related Information
Related Information

News » UK » Alun Griffiths sells up to Tarmac » published 11 Jan 2018

Alun Griffiths sells up to Tarmac

Tarmac has taken over Welsh civil engineering contractor Alun Griffiths.

Under the new ownership of Tarmac and its ultimate parent CRH, Griffiths will continue to operate under its own name within Tarmac's contracting business.

Griffiths’ principal markets include highways and bridges, rail, utilities, surfacing, integrated transport, urban regeneration, highway maintenance and water management.

It employs its own workforce directly and has an extensive plant fleet. Its 700 employees operate out of five regional offices across Wales and one in Bristol.

Founder Alun Griffiths, who set up the company in 1968, turned 72 last year.

In 2016 Alun Griffiths (Contractors) Lt increased its turnover fr0m £105m to £154m and doubled its pre-tax profit to £2.3m.

The purchase price has not been disclosed.



Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 11 Jan 2018 (last updated on 12 Jan 2018).

More News Channels