Ad
Friday, October 10, 2025

Altrad Group Acquires RMD Kwikform in £140M Deal

ADVERTISEMENT

The Altrad Group has agreed with Interserve on a deal to buy RMD Kwikform.

In a deal reportedly worth more than £140m, the French industrial services group has agreed to buy RMD Kwikform (RMDK) a global formwork, falsework and shoring solutions provider.

Owned by previously troubled Interserve, RMD Kwikform employs more than 1,300 people and has been involved in various stages of construction at HS2, Crossrail, Battersea Power Station and Hinkley point.

Scaffmag understands the sale of RMDK is part of the planned restructuring of the Group, which has also seen the sale of businesses including Interserve Healthcare to City & County Healthcare Group and Interserve Support Services to Mitie Group plc in 2020.

RMDK is headquartered in the West Midlands and employs over 1300 people around the world including in its core markets of the UK, India, Australia and the UAE.

Ran Oren, joint Chief Executive of Altrad Group said: “We are so excited to welcome RMDK to the Altrad family. We have watched and admired RMDK’s specialist engineering skills and services for many years and strongly believe in its brand, client solutions and ability to return to growth. RMDK will enhance our portfolio of products, in line with our strategy of the geographic, sector and product diversification.

Altrad is well-financed with a strong balance sheet and the unwavering support of its stakeholders. We are able to provide investment to fuel the further growth of RMDK as part of a leading industrial group.”

Altrad’s latest acquisition deal comes just weeks after the group announced the agreement to buy the Hire & Sales division from Actavo. Previous acquisitions by Altrad include Cape (2017), Hertel (2015), Trad, BarOmix, Belle Group, Beaver 84, NSG, Generation and MTD.

Crossrail, RMD

Alan Lovell, Chairman of Interserve Group Limited said: “The sale of RMDK to Altrad Group continues the significant progress we have made selling the constituent parts of Interserve Group to best realise value for our shareholders.

I have no doubt that RMDK will thrive as part of Altrad Group which will benefit both its staff and clients alike. I would like to thank all the team at RMDK for their outstanding contribution to the Group and wish them well for the future.”

 

ADVERTISEMENT

Popular Categories

Latest news

The magazine

Issue 27 | Past issues >>

Popular

ScaffChamp 2025: Teams Gather in Vilnius for Opening Day

The international scaffolding competition ScaffChamp 2025 has officially begun,...

Construction starts slump as housing confidence falters

The UK construction industry is facing renewed decline, according...

National Scaffolding Week 2025 launches to celebrate industry’s people and skills

National Scaffolding Week 2025 has officially launched, shining a...

Ethiopia church scaffolding collapse kills at least 30

At least 30 people have died and more than...

Building Britain’s Scaffolding Future

Sean Pike on transforming an industry one system project...

Related articles

Altrad Group Celebrates 40 Years of Global Success and Transformation

Altrad Group, one of the world’s leading industrial services providers, is marking its 40th anniversary this year, celebrating a remarkable journey from humble beginnings to a global powerhouse. Founded in Montpellier, France, in 1985...
- Advertisements -

Latest topics

PERI UP system supports cladding remediation at Hilton Hotel

The Hilton Hotel in Kingston upon Thames is undergoing...

Midland Scaffolding staff go the distance in charity challenge for Poppy

Midland Scaffolding Services (MSS) has raised an impressive £20,000...

AT-PAC names new UK MD as ScaffEx25 showcases national ambitions

After unveiling a wave of new systems at Bauma...

ScaffEx25: An Industry Comes of Age in Manchester

Two days in September that showcased not just where...
- Advertisement -