Van Elle Holdings plc (AIM:VANL) signed an agreement to acquire Rock & Alluvium Limited from Galliford Try Holdings plc (LSE:GFRD) for £3.8 million on October 26, 2023. The cash consideration payable for the acquisition comprises an initial payment of £1.8 million, and a deferred consideration payment of £2.0 million (subject to completion accounts), payable 12 months from completion, with both payments to be satisfied through the Group's existing cash and banking facilities. The acquisition is expected to complete in mid-November 2023. Peel Hunt LLP acted as financial advisor to Van Elle Holdings.

Van Elle Holdings plc (AIM:VANL) completed the acquisition of Rock & Alluvium Limited from Galliford Try Holdings plc (LSE:GFRD) on November 30, 2023.