This acquisition, effective June 2025, is said to mark a significant milestone in the Fox Group’s continued journey towards transforming the company into a “fully integrated circular construction materials business”.
This is the first acquisition by the Fox Group since being acquired by Stellex Capital Management in September 2024.
Fishers manages over 200,000 tonnes of recycled asphalt planings (RAP) each year. The acquisition is expected to drive “strong synergies” for the Fox Group, including the use of RAP within the Asphalt production process, with its new £4m Leyland Asphalt plant set to open in July 2025.
‘Synergistic partnership’
Paul Fox, CEO of the Fox Group, said: “This is an extremely exciting time for the company and this acquisition will further broaden our circular offering to customers bringing our annual use of recycled products to circa 2 million tonnes. Fishers has a strong management team, and we welcome them and their colleagues as we continue with our expansion plans.
“We are committed to a smooth transition for the teams and customers of Fishers and we anticipate continued success and growth through this synergistic partnership.”
Colin Fisher, director at Fishers, 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.”
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