NEWS
The Aycliffe Quarry , part of the John Wade Group , has been sold to Hull-based Ashcourt Group .
BUSINESS BRIEFS
Aycliffe Quarry part of deal with Hull firm
A
major business name has been taken over by an expanding company with more than 500 staff .
Ashcourt Group has successfully finalised the acquisition of John Wade Group , a prominent player in the waste recycling industry , with its headquarters at Aycliffe Quarry in Newton Aycliffe .
Hull-based Ashcourt says the ‘ strategic purchase ’ opens up new service areas and expands its geographical operational reach .
The acquisition represents another milestone in its journey to enhance its portfolio and establish a more comprehensive presence in the industry .
Operating from Aycliffe Quarry , located next to the A1 , John Wade Group has built a reputation as a reliable waste recycling specialist since 1965 .
Their dedicated waste recycling facilities have allowed them to efficiently process and manage large volumes of waste materials ,
WADE GROUP
SOLD
contributing significantly to environmental sustainability .
Ashcourt says its own commitment to sustainable practices remains at the forefront of operations .
A spokesperson said : “ By acquiring John Wade Group , the Ashcourt Group gains access to a well-established and highly capable team of professionals , as well as an established recycling infrastructure .
“ This acquisition not only bolsters our existing capabilities but also provides us with a stronger foothold in the waste recycling sector . With an expanded range of services and an extended geographical presence , we are wellpositioned to meet the growing demands of our current diverse clientele .
“ By leveraging the expertise and resources of the John Wade Group , Ashcourt Group aims to continue to offer innovative waste management solutions , as well as introducing some of our existing services to the area .”
AYCLIFFE FIRM TARGETS £ 30M TURNOVER BY 2030
Newton Aycliffe firm that manufacturers
A products for the construction industry has launched a brand change as part of an ambitious expansion drive .
EOS – which has rebranded as Remagin – aims to double turnover and employment between now and 2030 .
The £ 15m business currently employs around 70 people at its Heighington Lane premises on Aycliffe Business Park .
Established in 2006 , the company designs , manufactures and markets light gauge steel frame products for the construction industry , primarily steel frame systems for external facades and full load bearing structures .
These products are typically used in housing , flats and apartments , student accommodation , hotels and public buildings .
The company is part of the global building
EOS in Aycliffe , now rebranded as Remagin , has targeted £ 30m sales by 2030 .
materials company Etex Group , which is driving innovation in the construction industry by launching a new brand focussed on offsite construction .
The new brand brings together the collective capabilities of three existing businesses , Leedsbased Sigmat , Aycliffe-based EOS and Horizon , operating from Ireland .
Scott Bibby , country manager Ireland and UK , said : “ This is an exciting time in the development of not just our own business but the wider offsite construction sector .”
£ 61M EXTENSION TO NETPARK Work is underway on the £ 61m expansion of one of the UK ’ s premier science parks following the appointment of a contractor .
Led by Durham County Council , the development of phase three of The North East Technology Park ( NETPark ) at Sedgefield has begun , after Kier was chosen to deliver the project .
The county council is funding the expansion of the park with support from the North East Local Enterprise Partnership ( North East LEP ).
NEW APPOINTMENT To support the Pioneering Care Partnership ’ s ( PCP ) growth and next stage of development , the charity has appointed a highly skilled , experienced leader to join the team as deputy chief executive .
Liz Fisher joins the charity with a passion to tackle health inequalities and making a difference for people , as well as previous experience in overseeing projects in both the community and voluntary sector .
Liz brings senior leadership experience from previous roles with The National Trust and The Auckland Project .
TOURISM BOON Tourism contributed more than £ 1 billion to Durham ’ s economy for the first time ever in 2022 , the latest industry research has revealed .
Last year , 17.9 million people visited the county , spending a record-breaking £ 1.04b .
This is an increase of 25.6 per cent on 2021 and 8.76 per cent on 2019 and demonstrates how the county ’ s visitor economy is back on track following the coronavirus pandemic .
Visit County Durham , the county ’ s Destination Management Organisation and Durham County Council ’ s tourism service , has welcomed the results , attributing the £ 1bn milestone to the innovation and resilience of the sector , along with strategic work to develop Durham ’ s visitor offer and attract investment .
The magazine for Aycliffe Business Park | 5