Groundtrax, which was founded by Simon Adams in 2011, has a storage and distribution facility at Station Yard in Ripley. It provides specialist ground protection products, such as reinforced paving, for roads, car parks and commercial sites.
According to a media release issued today, it has been bought for an undisclosed sum by Origin UK Operations Ltd, which is part of Irish multinational Origin Enterprises PLC.
The release added the business, led by Mr Adams and supported by director Laura Tyrrell and sales manager David Marsh, “has experienced strong growth in recent years” and has “built a UK-wide customer base of high-profile organisations that operate in the construction, hospitality and transport sectors, amongst others”.
Mr Adams, who will remain with the business, said:
“I am exceptionally proud of what we’ve built at Groundtrax Systems with a prestigious portfolio of customers and a reputation for quality and service.
“As part of Origin, the business will experience the next stage of its growth, benefiting from the strong presence the group has in a diverse range of industries, supplementing where we already operate. I’m excited to support the Origin team as we integrate into the group and deliver new opportunities for the business.”
Advising Mr Adams, who was the 100% shareholder of Groundtrax, was north-east based RG Corporate Finance. LCF Law provided legal advice.
Chris Clark, managing director of Origin Amenity, said:
“Groundtrax Systems is a welcome addition to our amenity and landscaping operations as we accelerate the diversification of the group beyond our core agricultural business.
“There are strong synergies with our existing amenity businesses and its products and distribution capabilities will add value to our expanding offering to our key sector client base.”
Origin Enterprises provides a range of agricultural advice, services and products to arable, fruit, vegetable growers amenity and landscaping professionals in the UK, Europe and Brazil.
Photo caption: Simon Adams, managing director of Groundtrax, with its trackway and truck grade cellular paver products ready for dispatch from the company’s facility in Ripon.
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