Lyndon Scaffolding plc (Lyndon), which says it is the UKโs largest independent specialist scaffolding contractor, has confirmed that it has invested in two units of the Elliot Thomas Group, part of which has been reported as going into administration.
โLyndon Scaffolding is delighted to confirm that we have invested in Rainsford Contracts Ltd. and Taylorโs Hoists formally part of the Elliott Thomas Group,โ said a spokesperson for Lyndon.
โBoth businesses have excellent trading records, a strong customer base and will benefit from the investment and financial support that Lyndon can offer. We have worked with Taylorโs Hoists and the senior management team for many years and we are looking forward to working ever more closely together to provide a better service to all customers,โ said Lyndonโs Managing Director, Rob Lynch.
Taylorโs Hoists is described as a, โnon-trading company,โ at Companies House, while Rainsford Contracts Ltd is described as, โconstruction of commercial buildings.โ Further details of the transaction have not been released by Lyndon at this time.