The acquisition of Tuffpipes adds 拢2m to Naylor鈥檚 annual turnover and 11 employees to the workforce.
The purchase price was not disclosed.
Tuffpipes鈥� owner-managers Neil and Amanda Tuff will remain with the business and oversee its integration into the Naylor Group.
At least until the end of the year, Tuffpipes will operate as a standalone subsidiary of Naylor Drainage, with manufacturing continuing at its Burnley site.
Naylor Drainage is a manufacturer of clay and plastic pipes for the construction and infrastructure sectors, with factories in Cawthorne near Barnsley and Methil in Scotland. It is a subsidiary of Naylor Industries, a fourth-generation family business with 420 employees.
Naylor Group owner and chief executive Edward Naylor said: 鈥淭uffpipes is a great fit with our business and allows us to offer our customers a broader range of PVC as well as polyethylene ducting products.鈥�
The acquisition of Tuffpipes comes on the back of a strong year of growth for Naylor Industries, which has seen its turnover grow to 拢69.7m in the year to February 2022, up from 拢51.7m the year before. Edward Naylor said that there was "an element of post covid recovery and price inflation but it's largely a story of good organic growth across all three Naylor businesses 鈥� Drainage (clay and plastic pipes), Concrete products (lintels and fencing) and Specialist Plastics (bespoke extusions)." Naylor's turnover in the years immediately before the pandemic was around 拢55m.
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