Cupa Group (CUPA), the natural slate product producer, has acquired the remaining share capital in Burton Roofing Merchants, which is said to be one of the largest independent distributor of roofing materials in the UK, and it now owns 100% of the company.
Cupa first invested in Burton Roofing in 2008 and since then, the company has grown ‘significantly’. Burton Roofing’s recent acquisition of Brian Gow Roofing Warehouse (Brian Gow), a distributor specialising in roofing materials, will further consolidate its position in the market, adding three new distribution warehouses in south east England and bring total aggregate turnover of approximately £60 million.
The chief executive of Cupa Group, Javier Fernández, said: “With the addition of Brian Gow, Burton Roofing will significantly expand its local presence in south east England, consolidating its position as one of the UK’s largest independent specialist distributor of roofing materials. Led by Paul Hattee, the company will operate 13 distribution centers across the UK, making it an attractive partner for the construction industry.
“Our continued investment in Burton Roofing, also demonstrates Cupa’s confidence in the long-term prospects of the UK’s roofing materials market and Cupa’s firm commitment to internationalisation and growth.”