Blencowe Makes History with Temporary Roof Scaffold
Chris Sedgeman Wins Access & Scaffolding Specialist of the Year 2015
Cornish scaffold contractors Chris Sedgeman Scaffolding scoop the prestigious Construction News Access & Scaffolding Specialist Award.
At a star studded event at the Hilton in London yesterday (18 March) Chris Sedgeman Scaffolding Ltd for the 2nd year on the trot was awarded the accolade after fierce competition from the other finalists.
The judges said Sedgeman ticked all the boxes when making their decision on the winner after the firms performance on a challenging emergency project on the Cornish coastline in 2014.
After the terrible weather in early 2014 caused the railway to collapse at Dawlish, Chris Sedgeman Scaffolding expertise were called upon to help.
In a incredibly short space of time over 35 tons of scaffolding were supplied and installed before the next storm hit the Cornish coastline. The firm developed innovative ideas for most of the scaffolds on site and played a crucial role in a very high-profile emergency project.
speaking after the event Chris Sedgeman, Managing Director told ScaffMag:
“We are delighted with winning the Access and Scaffolding Award and feel proud of how much we have accomplished throughout the year. To receive this award gives us the incentive to progress the company further in more specialist areas and expand into different parts of the country.”
“We would like to say well done to all the other finalists for their great work and thank them for there kind messages. We would also like to thank all our employees, suppliers and clients for their support during the past year, and look forward to working with them in the future.”
Altrad Acquires Hertel For A £164M Deal
Altrad has entered into an agreement to acquire Hertel’s access, insulation, corrosion protection and mechanical businesses.
French mega company, Altrad is about to add yet another industry firm to it’s bursting business portfolio. Altrad and Hertel’s shareholders have reached an agreement for the acquisition of Hertel’s worldwide access solutions, insulation, corrosion protection and mechanical businesses. However, Hertel’s offshore business, which designs, constructs and delivers living quarters and accommodation modules, will not be included in the transaction. The merger of Altrad and Hertel will have a joint annual turnover in excess of € 1.6 billion and employ approximately 17,000 people worldwide. Hertel will continue to operate under its current leadership and the Hertel brand. Previous UK acquisitions by Altrad include Trad, BarOmix, Belle Group, Beaver 84, NSG, Generation and MTD. A statement on Hertel’s website reads: Altrad and the shareholders of Hertel have reached an agreement with respect to the acquisition by Altrad of Hertel’s worldwide access solutions, insulation, corrosion protection and mechanical businesses. This agreement has the full support of Hertel’s management, and is subject to the customary approval of competition authorities as well as completion of the consultation process with Hertel’s works council. The transaction is expected to close in the second quarter of 2015. The combination of Altrad and Hertel, which will have a joint annual turnover in excess of € 1.6 billion and employing approximately 17,000 people, will result in a leading company in its businesses in Europe, the Middle East, Caspian and Asia Pacific. Hertel Offshore, which designs, constructs and delivers living quarters and accommodation modules, will not be included in the transaction. Hertel Offshore will be continued under the ownership of NPM Capital and Sofinim (the development capital affiliate of Ackermans & van Haaren). Hertel’s senior management will stay involved with the Offshore operations. The Offshore business had a turnover of € 60 million in 2014. The business will change its name going forward.Altrad to acquire Hertel to create a leading company in multi-disciplinary technical services. Our press release:http://t.co/PeHnrAW2Bh
— Hertel (@hertel_global) March 17, 2015
Hertel announces the news on twitter
Altrad Group president Mohed Altrad said:
“We consider Hertel a promising and exciting company with an attractive long-term growth potential, solid management and corporate values very similar to Altrad. Combining management teams with different sets of experience will enable us to actively exchange ideas and best practices thereby making the combination a benchmark in its industries.”
Victor Aquina, CEO of Hertel said:
“We are excited about this new step in the rich history of Hertel, With dedication, we have been able to successfully finalise the turnaround of Hertel and developed a strong foundation, together with our shareholders, for a bright future for our company. Altrad will be an excellent partner enabling Hertel to realise its ambitions in accordance with our long term growth strategy. I am convinced that this transaction is in the best interest of Hertel , for our customers, our employees and our shareholders.”