Ad
Tuesday, April 1, 2025
12 C
London

U.K. Edition

Altrad expands with 2000 new employees after completing acquisition

- Advertisement -

Altrad has added a further 2000 new employees to the business after the successful acquisition of the Sparrows Group, which was concluded on 11 July 2022.

Sparrows is a global provider of engineering, inspection, operations and maintenance services to the offshore energy, renewables and industrial sectors.

The company operates across the Americas, UK and Europe, Africa, Middle East, Caspian, India, Asia Pacific and Australia, complementing Altrad’s extensive international footprint.

The transaction, which includes Sparrows’ wind energy business Alpha, enhances Altrad’s service portfolio and further diversifies its presence across multiple sectors, particularly in the high-growth renewables market. It is an important development in Altrad’s ambition to invest in businesses that share its excitement, vision and values to offer enhanced services to its clients.

As part of the wider Altrad Group, Sparrows will benefit from a larger network of expertise and resources to deliver additional services across more geographical locations.

Ran Oren, Altrad’s Co-CEO said: “We are delighted to welcome Sparrows and its 2,000 strong team into the Group. As the world’s leading lifting and handling specialist its level of technical expertise and experience is an extremely valuable addition to our capability. We are committed to investing in Sparrows to support its continued growth so together we can play our part in supporting industry to ensure safety and transition towards a more sustainable future.”

Stewart Mitchell, Sparrows’ CEO added: “This is a pivotal moment for Sparrows, the acquisition presents many advantages for us and our clients as we continue on our growth trajectory. We are a people business and being part of the Altrad Group delivers even more opportunities for our people to develop fulfilling careers. By working together to share our skills and knowledge we will be able to support each other’s growth aspirations while our combined service offerings will allow us to deliver integrated solutions to global clients.”

Over the last 12 months, Altrad has completed a significant number of acquisitions, adding over €1.4 billion to its turnover worldwide. In the coming years, the Group will continue to invest in new companies while generating value and developing and diversifying its portfolio of services and products.

- Advertisement -

Popular this week >

NASC and SAA Unite to Boost Global Scaffolding Standards

In a landmark move for the global scaffolding industry,...

TRAD UK Hits £30,000 in Annual Fundraising Challenge

The company raised target three times as employees and...

Doka Unveils Cutting-Edge Innovations Ahead of Bauma 2025

Austrian formwork and scaffolding giant Doka is preparing to...

Service and Support: The Values Driving Commercial Success for Layher Customers

Businesses overlook good customer relationships at their peril. It...

Layher Set to Showcase New Era of Scaffolding at Bauma 2025

Layher, the global scaffolding innovator, is preparing to make...
- Advertisements -

Related Articles >

Altrad Appoints Julie Nerney as New Board Advisor

Altrad has announced the appointment of Julie Nerney as Board Advisor to its UK, Ireland, Nordics & Poland Executive Board. She will formally take up the role in April 2025. With over 30 years...

Latest Topics

Avontus Employee to Run London Half Marathon in Honour of Loved Ones

An employee at scaffolding software company Avontus is preparing...

Pilosio to Unveil Pioneering Scaffolding and Formwork Solutions at Bauma 2025

Italian construction solutions specialist Pilosio will unveil an extensive...

New Scheme Aims to Transform Apprenticeship Experience in Construction

A new initiative designed to reward and support apprentices...

Mark Parkin Joins Scaffolding Association as Strategic Director

The Scaffolding Association has appointed seasoned industry leader Mark...
- Advertisement -

Popular Categories