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The Voice of Scaffolding Since 2008  U.K. Edition

Altrad Buys Two More Scaffold Firms

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French scaffolding group Altrad has stepped up its expansion in the UK and added two more businesses to its collection of access firms.

The latest round of deals sees the group take on nationwide access specialist Generation Hire & Sales and Midlands-based MTD Scaffolding.

Generation Hire turns over around £40m and employs 220 staff, operating across 14 locations.

It sells and rents non mechanical access equipment, scaffolding, system scaffolding, fencing and some light access products.

Mark Clifford, managing director, and Alan Wilkinson, commercial and financial director, will continue with the business.

To date Altrad has bought up BarOmix, Belle Group, Beaver 84 and NSG.

MTD was acquired through NSG business to strengthen its offering to the social housing sector.

The Deeside firms recently spent £500,000 on the Altrad Plettac Contur System Scaffolding, considered to be one of the most advanced in the UK.

Ray Neilson, managing director of Altrad subsidiary Altrad Belle UK, said: “This generation Hire acquisition forms part of the bigger plan to provide the UK market with products and services from Altrad, which specialises in the manufacturing and sales of scaffolding, cement mixers and wheelbarrows, together with providing additional services in the access sector.”

Altrad now has over 60 companies with the majority being located in Europe and several outside of Europe across the world.

Neilson added that Altrad was keen to hear from product and service related companies that are interested in joining the group.

Via: constructionenquirer.com

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