fbpx

Fox Group adds asphalt specialist to its portfolio in first post-takeover expansion

Danielle Kenneally
reporter

Fox Brothers Holdings has announced the acquisition of J Fisher & Sons Limited, a Manchester-based heavy haulage, road planing, and asphalt reprocessing firm, as a boost to its circular construction strategy.

Credit: Fox Brothers Holdings Group.

The move marks a major milestone in Fox Group’s strategy to build a fully integrated, circular construction materials business that focuses on sustainable solutions of minimising waste and maximising resource efficiency.

It will be the Blackpool-headquartered haulier’s first acquisition since being acquired by Stellex Capital Management back in September 2024 and reflects the company’s commitment to both organic and inorganic growth.

The £11.2 million turnover, J Fisher & Sons, which manages more than 200,000 tonnes of recycled asphalt planings (RAP) annually, is expected to deliver “strong synergies” for the Fox Group.

These include increased use of RAP in asphalt production, particularly as Fox prepares to open its £4 million asphalt plant in Leyland next month.

Paul Fox, chief executive office of Fox Group, said: “This acquisition will further broaden our circular offering to customers bringing our annual use of recycled products to circa 2 million tonnes.”

Colin Fisher, director at J Fisher & Sons, added: “Joining the Fox Group will enable us to work with their expansive network and resources, providing significant opportunity to grow and meet the increasing demand for RAP.

The support and partnership from the team at the Fox Group will help further our mission to drive circularity and sustainability throughout our business.”

The acquisition adds to Fox Group’s 2022 purchase of local firm, inert waste disposal, recycling, soil supplies and aggregates specialist, Woods Waste Limited, as well as subsequent deals with B&W Plant Hire & Sales Limited, Tipworx Limited, and Monks Training Services.

Was this interesting? Try: Hercules enters power sector with £15.7m acquisition

If you have a tip or story idea that fits with our publication, please contact danielle@wavenews.co.uk

Get industry news in 5 minutes!

A daily email that makes industry news enjoyable. It’s completely free.