We're delighted to have advised on the sale of building materials supplier P J Thory
Founded in 1965, the P J Thory group has grown to become the region’s largest supplier to the construction industry. The group, comprising P J Thory, Gemmix and Pro Mini Mix operates 4 quarries and 9 ready-mix concrete sites across the East of England.
Holcim UK is the UK arm of Switzerland-based Holcim Group, a global sustainable building materials leader. Holcim UK’s acquisition of P J Thory supports its growth ambitions by securing sand and gravel reserves and strengthening its ready-mix concrete footprint.
Having gained extensive knowledge of the business from advising on the acquisition of 8 sites from Mick George in 2024, Grant Thornton were perfectly placed to deliver a successful outcome on the sale of the business.
Our Corporate Finance team were tasked by the shareholders to deliver maximum value, whilst achieving an efficient, timely sale process. This was achieved through working collaboratively with the companies’ advisers, as well as the buyer, allowing us to efficiently project manage the sale process through to completion.
