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Grayson (GB), which supplies building products for masonry facades, is now owned by its workforce of 20 or so staff.
Grayson Trustee Limited took over ownership of Grayson (GB) Holdings Limited on 11th December 2024.
Former owners Paul Riddington and Clare Riddington formally stepped down from the board on 3rd April this year, with co-owner David Flannery stepping down on 8th May.
Flannery remains managing director of ACS Stainless Steel Fixings, where Paul Riddington is also a director
Grayson turned over £14m in the year to April 2024 and made a pre-tax profit of £2.8m.
“We are proud to be different and even prouder to be owned by the people who make Grayson the special company it is,” said managing director Tony Higson. “This new chapter will only strengthen our focus on delivering the best products and services while continuing to support our team and the communities we serve.”
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