TG Concrete is part of the family-owned Tudor Griffiths Group which already has concrete plants covering the majority of Shropshire, Cheshire and North and Mid Wales.
Tudor Griffiths says the acquisition of Porthmadog Concrete, which has ready-mix plants near Porthmadog and Pwllheli, is part of its ambitious growth strategy.
TG Group MD Tudor Griffiths said the transaction would not affect customer enquiries and orders. He added: “This change of ownership will make the quality sands, gravels and aggregates produced at our Cefn Graianog sand and gravel quarry, at nearby Llanllyfni, directly available to all Porthmadog Concrete customers.
Porthmadog Concrete was originally set up by Robert Griffith and his late father Hugh in 1991. Over the last 30 years the company has developed a strong business operating throughout the Llyn Peninsula and West Gwynedd.
It originally operated with two small trucks, but the company now has five plant-based concrete mixer trucks and has the potential support of the Tudor Griffiths Group fleet of over 50 concrete mixer trucks.
“Although standing down as director and company secretary, Robert and Fiona Griffith will continue to be involved on a daily basis, and we’re very pleased to be working with them during this transitional period,” said Griffiths.
The latest deal follows TG Concrete’s acquisition of a plant from Hanson at Cemmaes Road, near Machynlleth, and the construction of a brand-new plant in Bridgnorth.
“Our growth plans are continuing as we work hard to keep up with increased customer demand and to meet our objective of reaching new customers in an even wider geographical area,” said Griffiths.
