Alun Griffiths set to rescue firm he sold for £36m

The founder of Welsh civil engineering contractor Alun Griffiths (Contractors) is understood to have bought back the firm he sold for £36m to Tarmac eight years ago.
Alun Griffiths, now 84, has teamed up with former directors Tim James and Simon Dunn to rescue the Abergavenny-based business after a troubled spell under CRH-owned Tarmac’s ownership.
The deal is expected to be officially announced shortly, with the new leadership team aiming to rebuild the £260m turnover business