The company

Marley is the UK leading manufacturer and supplier of roofing system products, including concrete and clay tiles as well as associated roofing accessories employing 500 people across five manufacturing sites and two distribution centres.  The company benefits from a loyal customer base split between new build, repair, maintenance, and improvement.

The Inflexion investment

Inflexion backed the carve-out of Marley in August 2019 from Etex, a Belgium-based building materials firm. During Inflexion’s stewardship, Marley was established as an business, with Inflexion’s Digital team driving the transition to a standalone IT system. Significant investment was also made into new product development, including the introduction of a new tile line.

The Inflexion difference

Inflexion used its extensive industry experience with builders merchants Huws Gray to successfully drive growth for Marley, and appointed an experienced Chair to support the management team on their growth journey. Additionally, Inflexion’s experienced Commercial team worked with management to optimise Marley’s pricing strategy, ultimately helping to nearly double underlying EBITDA during Inflexion’s investment.

Inflexion also supported the development of environmentally friendly products including the entry into solar panels with the acquisition of roof-integrated specialist Viridian Solar Ltd in 2021. Subsequently, Marley’s ESG credentials were expanded, with carbon emissions intensity down 33% between 2019 and 2021. 100% of production waste is now recycled and all manufacturing energy sourced from renewable sources.

Inflexion have been a tremendous partner and we’ve achieved so much together in under three years, helping us establish as a standalone business and strengthen our product offering. We are incredibly grateful for their support. As part of the Marshalls family, I believe we will be extremely well-positioned to continue our growth strategy to the benefit of our colleagues, customers and partners.

David Speakman,

General Manager, Marley