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Fox buys DSD, Moore

2 hours ÂÜÀòÔ­´´ materials distribution and construction services business Fox Group has acquired surfacing specialist DSD ÂÜÀòÔ­´´ and concrete supplier Moore Readymix, backed by investor Stellex Capital Management ,who say they are aiming to build a circular economy business.

Fox Group CEO Paul Fox, DSD CEO Shaun Nugent and DSD MD Martin Tweddle.

Fox Group has made four acquisitions since September 2024, when US-based private equity investor Stellex purchased a majority stake from the Fox family, who established the business in Lancashire, four generations ago in 1932. Fox Brothers had already acquired Hurt Ltd and JJ O'Grady; at the sale, it was merged with quarry operator J A Jackson. Stellex said its goal was to transform the new business into a 'fully integrated, circular economy construction materials solutions business, able to help decarbonize the construction materials supply chain'.

In 2025, Fox acquired NMS Civil Engineering, a road specialist, and J Fisher & Sons Ltd, which works in heavy haulage, road planing and asphalt resurfacing, both in the north west.

Today's announcement of the DSD ÂÜÀòÔ­´´ acquisition is, the company says, its largest yet. DSD works in surfacing, cold milling and in-situ recycling. Fox said that the new company's use of aggregates and asphalt in surfacing and civils will support internal demand for the group's construction materials, build the larger group's reach, and further enable a closed loop model of planings reuse, processed locally.

The acquisition of Moore Readymix will, Fox Group says, further strengthen its postion in the concrete sector, and advance its circular economy strategy. The business supplies all grades of ready-mixed concrete, alongside its specialist MooreMinimix service for smaller pours, to a broad customer base spanning construction, agriculture and domestic projects.

Fox said that Moore complements the its existing concrete and construction materials operations, expanding its production footprint across Lancashire and is expected to provide customers with greater capacity, broader geographic coverage and enhanced service flexibility.

The combination creates an opportunity to cross-sell the Fox Group’s wider offering — including aggregates, muck-away and haulage, recycled materials, asphalt, civil engineering and plant hire — to Moore Readymix’s established customer base, while providing existing Fox Group customers with additional ready-mixed concrete capacity from two well-located batching plants. 

Moore Readymix’s two batching plants give the Fox Group a dedicated in-house route for its recycled and secondary aggregates, supporting, the company says, the production of lower-carbon concrete and reducing reliance on virgin primary materials.

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