Allstone cements multimillion deal for Monster Mix Ltd
Gloucester Construction aggregates firm Allstone has signed a multimillion-pound deal for concrete suppliers Monster Mix in a move which sees the city’s two names team up to deliver a complete construction materials package.
Based on Gloucester's Eastern Avenue, Monster Mix’s staff of 15 join the existing payroll of 90 Allstone staff who work out of the firm’s Myers Road HQ.
The move means Allstone's aggregates, the familiar Speedy Skips service and Monster Mix's fleet now sit within Allstone Holdings, while both firms remain in their present form and locations.
Simon Ford, Allstone's owner and CEO, said: "Monster Mix are a thriving volumetric, drum-mix and concrete pumping business. Bringing the two companies together presents an exciting range of opportunities, all of which will make the two entities stronger together."
Key to the relationship, Monster Mix owner and founder Paul Hopson will retain his role, while Allstone gains a majority and controlling interest. Revenues for the combined operation are forecast to exceed £20m.
Rowan Elliott, Allstone Managing Director, said: "I'm thrilled to see this come to fruition. There were so many underlying synergies marking this expansion as a natural option: beyond an overlapping customer base, we're proud that as one company we can now provide sustainable raw materials, waste management and concrete products for our customers.”
Looking ahead, he said the firm has a planned growth strategy: "Monster Mix hold a strong market share in Gloucestershire, and we see this business as pivotal to our journey. When it comes to a local construction project, we now have a turnkey solution, offering all the products and services people need."
Allstone’s story began in 1983 on Gloucester's Denmark Road, the company recently hitting the headlines with a significant investment to refine its sustainability credentials. This drive included a multi-million investment on a new recycled aggregate production facility at Myers Road, turning construction waste into sustainable building materials.
Additionally, Allstone operates an automated waste recovery plant which was showcased at a recent Gloucester Growth Hub Net Zero event. The facility diverts unwanted skip material from landfill, reducing carbon impact by 60%, while residual material is used to provide fuel for sustainable energy production, powering homes and businesses.