Avonside Group Services has announced its acquisition of Yorkshire-based eco-roofing specialist Ploughcroft, in a deal that will see the creation of 25 jobs in the region over the next two years.
The move will see Lancashire-based Avonside, which has 29 branches across the UK, take ownership in Ploughcroft, with the aim of aggressively expanding into the domestic Yorkshire market, while also taking Ploughcroft’s Eco-Roof energy-saving roofing product nationwide for the first time.
Ploughcroft will continue to operate under its existing trading name from its Halifax headquarters in Hipperholme while founder, Chris Hopkins, the innovator and driving force behind the company, will continue to run the business in a new divisional director role.
His focus will be on further growing the business in Yorkshire, while rapidly expanding to cover the North West, South Yorkshire, Lancashire, Manchester and Cheshire markets over the next two years.
Since launching in 2007, Ploughcroft says it has made a name for itself as an entrepreneurial, innovative construction company with a range of energy efficient roofing systems – including Eco-Roof – for domestic homes that pay for themselves through tangible cost savings. With 22 staff, and a turnover of £1.6m, it has been on the radar of Avonside’s MD Tony Burke for some time.
Commenting on the acquisition, he said: “We are extremely pleased to be announcing this exciting acquisition. We have been aware of Ploughcroft and its innovative roofing systems for some time now and the deal will not only bring us a best-in-class eco roof solution, but it will allow us to accelerate our expansion into both the Yorkshire, Lancashire and Cheshire markets. It is also about introducing Ploughcroft’s unique ‘roof that pays for itself’ to our customers in other regions of the UK.”
