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Altrad buys another UK scaffolder Ι Construction Enquirer
Altrad NSG has acquired Greater Manchester-based Spectra Scaffolding.
The deal is Altrad’s latest move in the UK market which saw it buy Trad Scaffolding last month following earlier deals for BarOmix, Belle Group, Beaver 84, NSG, Generation and MTD.
Spectra Scaffolding Ltd is an NASC accredited company which has been in operation for nine years.
Spectra works across all major construction projects and holds preferred contractor status with majors including Kier and Morgan Sindall.All employees of Spectra Scaffolding will continue to work in the business, which will now operate as a wholly owned subsidiary of Altrad NSG from its current base in Bury, Greater Manchester.
Mike Carr, Altrad NSG Managing Director, said: “I am extremely pleased with this acquisition; the directors of Spectra Scaffolding have over 100 years’ combined experience in the scaffolding industry.
“Their wealth of experience will further complement the offering of Altrad NSG Ltd to clients within the construction industry and other markets.“The team at Spectra Scaffolding share our ethos of delivering high quality work with a commitment to excellent health and safety practices.
“They have completed some very prestigious projects to date – including historic restorations with the National Trust and the CTP Office Development in Manchester City Centre – and we look forward to exploring further opportunities across their key markets.
“There is a tremendous opportunity for Altrad NSG to expand in the UK organically or through strategic acquisitions of companies with similar activities to provide customers with full UK coverage as well as the Altrad international support that already exists.
“With the support of our parent company Altrad SA which has over 70 subsidiaries worldwide, Altrad NSG is well positioned to continue to grow and trade profitably throughout the current financial year.”
Altrad NSG has acquired Greater Manchester-based Spectra Scaffolding.
The deal is Altrad’s latest move in the UK market which saw it buy Trad Scaffolding last month following earlier deals for BarOmix, Belle Group, Beaver 84, NSG, Generation and MTD.
Spectra Scaffolding Ltd is an NASC accredited company which has been in operation for nine years.
Spectra works across all major construction projects and holds preferred contractor status with majors including Kier and Morgan Sindall.All employees of Spectra Scaffolding will continue to work in the business, which will now operate as a wholly owned subsidiary of Altrad NSG from its current base in Bury, Greater Manchester.
Mike Carr, Altrad NSG Managing Director, said: “I am extremely pleased with this acquisition; the directors of Spectra Scaffolding have over 100 years’ combined experience in the scaffolding industry.
“Their wealth of experience will further complement the offering of Altrad NSG Ltd to clients within the construction industry and other markets.“The team at Spectra Scaffolding share our ethos of delivering high quality work with a commitment to excellent health and safety practices.
“They have completed some very prestigious projects to date – including historic restorations with the National Trust and the CTP Office Development in Manchester City Centre – and we look forward to exploring further opportunities across their key markets.
“There is a tremendous opportunity for Altrad NSG to expand in the UK organically or through strategic acquisitions of companies with similar activities to provide customers with full UK coverage as well as the Altrad international support that already exists.
“With the support of our parent company Altrad SA which has over 70 subsidiaries worldwide, Altrad NSG is well positioned to continue to grow and trade profitably throughout the current financial year.”