Marshalls, a leading hard landscaping manufacturer, acquired Edenhall Holdings, a major UK independent concrete brick manufacturer and a leading supplier of concrete facing bricks, for £11.8m. The acquisition is on a cash free / debt free basis and net debt of £5.2m has been deducted to derive the initial cash consideration. Commenting on the transaction, Martyn Coffey, Chief Executive of Marshalls, said: "Marshalls' strategy is to grow both organically and through carefully selected earnings enhancing bolt-on acquisitions with a particular focus on those parts of the market where higher levels of growth are anticipated, including New Build Housing, Road, Rail and Water Management. The acquisition of Edenhall represents a significant step towards achieving further growth in the New Build Housing market. Edenhall is a profitable business with a strong track record of quality, reliability and service, primarily targeting builders' merchants and regional and national housebuilders. The acquisition is in line with our stated strategy of expanding into adjacent building products related to New Build Housing."