Construction News
22/08/2016
Keltbray Launches Concrete Frame Business
Keltbray Group has launched a reinforced concrete frame business.
Keltbray Structures was launched after Keltbray acquired some of the assets of Dunne Group which went into administration in July and has ceased trading.
Dunne Group specialised in reinforced concrete foundations and superstructures for buildings. While Keltbray has not taken over Dunne Group as a going concern, or taken on any of its former contracts with clients, by acquiring some of the Dunne Group assets, Keltbray is strengthening its capability and services portfolio to provide demolition, groundworks, piling and concrete structures solutions as integrated or standalone services.
Chief Executive of Keltbray Group, Brendan Kerr, said: "Prior to going into administration Dunne Group was a leading company in its field and enjoyed a strong reputation as a reinforced concrete frame specialist contractor. We believe that Keltbray will benefit from tapping into their capability and this acquisition of some of their assets.
"Keltbray Structures has the potential to complement and expand our existing portfolio, which is already unrivalled in the UK, and help us to further develop our expertise and differentiation in line with market demands.
"With our financial resources behind it, I believe there is considerable scope for increasing the service offering and profitability of our business through this development, and give us a better geographical reach to other parts of the UK, including Scotland."
(CD/JP)
Keltbray Structures was launched after Keltbray acquired some of the assets of Dunne Group which went into administration in July and has ceased trading.
Dunne Group specialised in reinforced concrete foundations and superstructures for buildings. While Keltbray has not taken over Dunne Group as a going concern, or taken on any of its former contracts with clients, by acquiring some of the Dunne Group assets, Keltbray is strengthening its capability and services portfolio to provide demolition, groundworks, piling and concrete structures solutions as integrated or standalone services.
Chief Executive of Keltbray Group, Brendan Kerr, said: "Prior to going into administration Dunne Group was a leading company in its field and enjoyed a strong reputation as a reinforced concrete frame specialist contractor. We believe that Keltbray will benefit from tapping into their capability and this acquisition of some of their assets.
"Keltbray Structures has the potential to complement and expand our existing portfolio, which is already unrivalled in the UK, and help us to further develop our expertise and differentiation in line with market demands.
"With our financial resources behind it, I believe there is considerable scope for increasing the service offering and profitability of our business through this development, and give us a better geographical reach to other parts of the UK, including Scotland."
(CD/JP)
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