TILLICOULTRY Quarries has acquired Hugh King & Co Holdings, a producer of dried mortar and render products and a leading supplier of sports sand.
Hugh King & Co operate one silica sand quarry and two brown sand quarries around Ayrshire, with reserves totalling five million tonnes. The deal will see Tillicoultry Quarries purchase 100% of the share capital of Hugh King & Co, acquiring all three sand quarries, all existing plant and machinery, and the company vehicle fleet. All 40 employees will be retained.
Wallace Menzies, director of Tillicoultry Quarries said, “Tillicoultry Quarries is an ambitious Scottish business that has always been committed to delivering for our customers. We are always looking for ways in which we can expand and improve on our offering and this acquisition presents an excellent opportunity to further enhance our product range supported by our long established reputation for excellence.”
Graeme King, director of Hugh King & Co Holdings added, “I am delighted to have found a safe home for the business with Wallace and the team at Tillicoultry Quarries. The shared family values will help drive continued growth and it will be very much business as usual for the loyal and hardworking staff, customers and suppliers.”