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Staff take over construction merchandise provider

Machexpert by Machexpert
June 17, 2025
Home Construction
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Some of the new owners
One of the most new homeowners

Grayson (GB), which gives construction merchandise for masonry facades, is now owned through its staff of 20 or so workforce.

Grayson Trustee Restricted took over possession of Grayson (GB) Holdings Restricted on 11th December 2024.

Former homeowners Paul Riddington and Clare Riddington officially stepped down from the board on 3rd April this yr, with co-owner David Flannery stepping down on 8th Might.

Flannery stays managing director of ACS Stainless Metal Fixings, the place Paul Riddington may be a director

Grayson became over £14m within the yr to April 2024 and made a pre-tax benefit of £2.8m.

“We’re proud to be other or even prouder to be owned through the individuals who make Grayson the particular corporate it’s,” stated managing director Tony Higson. “This new bankruptcy will handiest give a boost to our center of attention on handing over the most productive services whilst proceeding to fortify our workforce and the communities we serve.”

Were given a tale? E mail information@theconstructionindex.co.united kingdom



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