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Leiths acquires stone wholesaler Pisani

July 2017

Fyfe Glenrock, the Scottish arm of stone wholesaler Pisani - which went into Administration in June - has acquired by aggregates and construction company Leiths, which has its HQ in Aberdeen.

Fyfe Glenrock can trace its history back to 1846.  Its silver-grey Kenmay granite was used for many of Aberdeen’s finest buildings, including Marischal College, the Town House and Citadel.  It has also supplied the stone to some of Scotland's most prestigious projects, including the Scottish Parliament.  As well as Scotland, it sources natural stone from around the world, including Scandinavia, China, India, Portugal and Brazil.  The company, which employs 19 staff, moved into a new, purpose-built, facility in Oldmeldrum, Aberdeen, in 2006.

Leiths employs 570 people and has a annual turnover of around £72 million. It operates 12 quarries and six depots across Scotland.

"The acquisition of Fyfe Glenrock adds another quality business to the Group's portfolio. I personally look forward to working with the team and developing a company that has deep roots in Aberdeenshire and that I have long admired," Leiths' Chairman, Ian Leith, told The Press & Journal, Aberdeen’s local newspaper.

The value of the deal was undisclosed.

http://www.leiths-group.co.uk

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