Business as usual for A&G as new acquisition is confirmed

Published:  20 May, 2014

A&G (Acheson & Glover) has announced that its two trading companies have been acquired by a new company owned by their former chief executive, Raymond Acheson.

Mr Acheson, who has headed up the Tyrone-headquartered business for more than 30 years, said the double acquisition would enable Acheson & Glover and Acheson Glover Precast to move into the future with confidence.

The acquisitions follow the placing into administration of a non-trading holding company, Acheson & Glover Group, on May 2, 2014 and are supported through provision of Bank of Ireland facilities.

“This is great news for everyone concerned as it enables both Acheson & Glover and Acheson & Glover Precast to continue to trade as normal without any impact on staff, customers or suppliers. Put simply, for everyone connected with Acheson & Glover it is business as usual.”

Mr Acheson said the development comes at an exciting time for the businesses as economic conditions across all their markets are now improving.

“Both trading companies have been making good progress for some time now and especially in recent months. Acheson & Glover Precast has a full order book and Acheson & Glover has seen its sales in Great Britain double. That’s why I am confident in making this investment. We are very optimistic about the future and delighted for everyone associated with the businesses.”

Mr Acheson paid tribute to the Group’s 380 staff for their hard work and support in recent times when market conditions have been extremely challenging.

Both trading companies are currently recruiting as market conditions continue to improve.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.