Cupa Group Acquires Rinus Roofing Supplies to Accelerate Expansion

CUPA GROUP, natural slate producers, has acquired 100% of the share capital of Rinus Roofing Supplies through its subsidiary Burton Roofing Merchants. Financial details of the transaction were not disclosed.

The transaction consolidates Burton’s position as one of the largest independent specialist distributors of roofing materials in the UK. Importantly, it increases Cupa’s exposure to the attractive UK roofing materials market, the company says.

The combination of Burton Roofing and Rinus Roofing Supplies will generate total aggregate sales of approximately £120m. With this integration, the Cupa Group will generate over €400m sales.

Led by Paul Hattee, UK Managing Director, Burton Roofing Merchants will now operate 37 distribution centres across the UK.

Cupa Acquires Rinus Roofing

Rinus, a family-owned business founded in 2007, is the second largest independent distributor of roofing products in the UK. The firm employs 184 people and has a portfolio of more than 2,600 clients. The company owns 24 branches nationwide and provides full product coverage across all roofing applications. It maintains an extensive network of relationships with established UK suppliers. This gives the company access to the latest product development in the industry.

Javier Fernández, CEO of Cupa Group, said: “We are excited to welcome Rinus to the Cupa family. We were attracted to the company given its strong track-record and solid market position in the UK, which place it in a solid position to further expand its presence and continue its growth trajectory. We look forward to working together to deliver Cupa’s ambitious growth plans, strengthening our product range and expanding our international footprint.”

Cupa Group first acquired an interest in Burton Roofing in 2008, gaining 100% of its shares in 2018.

As Cupa acquires Rinus it makes the third transaction in the last three months by Cupa. It follows the acquisitions in Spain of Pizarras Gallegas in December 2020 and Proinor in February 2021, in line with the Group’s plan to increase its international client base.