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Tue November 19 2024

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New owner for Cornish agg supplier

6 Jan 17 Materials trading group GRS has expanded its West Country business with the acquisition of Cornish aggregates supplier Maen Karne for an undisclosed sum.

Maen Karne supplies bagged aggregate across the southwest
Maen Karne supplies bagged aggregate across the southwest

The deal strengthens Midlands-based GRS鈥檚 position across all its business lines in the southwest鈥 bagged and bulk aggregate, waste removal and recycling, and associated transport services.

The five operational sites in the deal also include two business lines new to GRS 鈥 concrete products and waste transfer.

Maen Karne is Cornish for 鈥榬ock of the sea, rock of the land鈥. The company employs 140 people and claims to be the largest independent supplier of bagged aggregates in the West Country.

GRS chief executive Jon Fisher said: 鈥淢aen Karne is a natural fit for GRS. We鈥檝e been working with them for some time and we鈥檙e impressed by the way they do business. They are a highly professional and passionate team with a customer-led, can-do attitude very much like ourselves.鈥

Maen Karne founder and managing director Julian Chenoweth said: 鈥淭he decision to sell was never going to be easy, but this is the best way to ensure that the business will continue to thrive. Joining forces with GRS gives us solid backing to keep growing and look forward to the next chapter of the Maen Karne story.鈥

Maen Karne operations director Ross Facey will take on the overall management of the business while Julian Chenoweth will continue as a non-executive director working with the board of Maen Karne and the wider GRS Group.

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