Alloa-based aggregates and construction materials supplier, Tillicoultry Quarries, has announced the acquisition of Middleton Aggregates, a well-established sand and gravel business based in East Anglia. The acquisition was completed through a share purchase agreement.
Founded in 1986 by John Lemon and his sons, David and Peter Lemon, Middleton Aggregates operates four sites across East Anglia. The company is known for supplying high-quality sand and gravel, clay, and recycling activities to the regional construction market. This strategic acquisition includes all four operational sites and secures valuable sand and gravel reserves, creating vertical integration for Tillicoultry Quarries in its regional operations.
This move represents a significant milestone for Tillicoultry Quarries, as it continues to invest in long-term growth and reserves, thereby strengthening its position as a trusted supplier of construction materials across the UK. The addition of Middleton Aggregates' sites enhances Tillicoultry Quarries' geographic footprint and expands its product capabilities, promising continued quality and service for its customers.
Both Tillicoultry Quarries and Middleton Aggregates are respected family-owned businesses sharing values of quality, integrity, and a strong commitment to customer service. As part of the deal, all 46 employees of Middleton Aggregates will join the Tillicoultry Quarries team, bringing the wider group's total staff numbers to over 400.
Wallace Menzies, Managing Director of Tillicoultry Quarries, commented: "Middleton Aggregates is a business I have long admired, and I've known Peter and the team for many years. I'm pleased that they've trusted us to carry the business forward. Their reputation in the region is outstanding, and the acquisition provides a great opportunity to combine our strengths. We look forward to working with the existing team to maximise the potential of both businesses and continue delivering the quality and service customers expect."
Peter Lemon, Managing Director of Middleton Aggregates, added: "This marks an exciting new chapter for Middleton Aggregates. We are proud of the business we have built, and I am confident that in joining forces with Tillicoultry Quarries, who share our values and vision, we are securing a strong future for our employees, customers, and suppliers. It will very much be business as usual, with enhanced opportunities ahead."
Tillicoultry Quarries received support on the deal from Burness Paull, Shepherd & Wedderburn, and Grant Thornton.
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