今日看料

Construction

Fri September 20 2024

Related Information

Spain's Cupa strengthens UK presence

8 Jun 18 Spanish slate producer Cupa Group has taken 100% ownership of Burton Roofing Merchants and also purchased Brian Gow Roofing Warehouse.

Cupa now owns all of Burton Roofing Merchants
Cupa now owns all of Burton Roofing Merchants

Cupa first took a stake in Burton Roofing in 2008 and since then turnover has grown from 拢25m to 拢55m.

Cupa has now taken its shareholding from 85.6% to 100% by acquiring the remaining share capital from the estate of former owner Peter Burton.

Through its investment in Burton Roofing Merchants, Cupa has also acquired Brian Gow Roofing Warehouse, which has depots in Surrey and Kent.

Cupa chief executive Javier Fern谩ndez said: "With the addition of Brian Gow, Burton Roofing will significantly expand its local presence in southeast England, consolidating its position as one of the UK鈥檚 largest independent specialist distributor of roofing materials. Led by Paul Hattee, the company will operate 13 distribution centres across the UK, making it an attractive partner for the construction industry.

鈥淥ur continued investment in Burton Roofing, also demonstrates Cupa鈥檚 confidence in the long term prospects of the UK鈥檚 roofing materials market and Cupa鈥檚 firm commitment to internationalisation and growth."

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »