Scell-it (UK) has expanded its presence in the UK by acquiring both Rivco Ltd and Kamtech Fasteners (ARK brand), strengthening its position as one of the leading distributors nationally of Construction Fixings, Rivets, Rivnuts and Setting Tools.
This will further enhance the wide Sell-it (UK) Group brand range with names such as ARK, HUCK (available from Rivco), FAR, RIVIT and LOBSTER.
Kidderminster based Rivco were established in 1994 and are a long-standing player in the UK market, bringing an existing turnover of circa £3m and a workforce of ten sales and warehouse staff. This acquisition complements the direction and vision of the Group’s growth strategy.
Kamtech Fasteners, based in West Bromwich, established in 2015 and have a customer base which perfectly aligns with that of Scell-it (UK). This acquisition brings a further £1.5m of turnover and four sales and warehouse staff to the newly formed Group.
Steven Auld, the original majority shareholder of both acquired businesses, will continue with the group in his new role as Joint Managing Director, supporting the Group’s staff and customers.
Gary Moseley, Joint Managing Director and one of the founding shareholders of Scell-it (UK), said: "We are thrilled to announce our acquisition of Rivco and Kamtech Fasteners, both businesses with excellent reputations in the UK and aligning perfectly with the existing Group. From initial discussions it was clear that this acquisition would fit in perfectly with our existing culture and help strengthen our position in the marketplace.
"These acquisitions reinforce Scell-it (UK) Group's dedication to providing unparalleled supply at competitive prices to meet the precise needs of our customers.
"We will continue to look for opportunities to grow and Steven and I are excited to embark on this journey with both teams, leveraging our combined expertise to ensure a seamless integration for all involved."
Their European partners, Scell-it SAS, based at the Group's headquarters in France, echoes this growth vision. With established operations in Poland and Italy, they actively seek further European acquisitions, propelling the total Group revenue beyond the current €50 million mark.
Time and date
CONSTRUCTION DIRECTORY
Construction News
16/07/2024
Scell-it (UK) Fuels National Expansion With Strategic Double Acquisition
![Construction News Image](/newsimages/1_309922_ScellIt.jpg)
Latest Construction News
28/08/2024
The Planning Inspectorate has approved the examination of the North Falls Offshore Wind Farm's (North Falls) Development Consent Order (DCO), marking a key milestone for the 50/50 joint venture between RWE Offshore Wind (RWE) and SSE Renewables (SSE). The submission of the project's DCO ...
28/08/2024
Caddick Construction Group has announced the successful completion of restoration works at Stonebridge Beck – Rushbond's brand new 'heritage village' at the Grade II listed Stonebridge Mills in Leeds. Handover of the development marks the completion of a £25m renovation and new-build project to ...
28/08/2024
Manchester City Council and the Government Property Agency (GPA) have announced a joint consultation on the proposed redevelopment of the former Central Retail Park. Open now, the consultation will gather feedback from local residents, businesses and other stakeholders that will help guide ...
28/08/2024
Haringey Council have proposed a major retrofitting scheme in the Coldfall area, as part of their Housing Energy Action Plan. The council has launched a public consultation to inform design decisions for the retrofitting scheme, which will see improvements made to some 200 properties. The scheme ...
28/08/2024
Rendesco has announced the acquisition of ADP Group's geothermal drilling operation following their successful fundraise earlier this year. Bringing ADP's geothermal drilling operations under the same roof as Rendesco's designers, project managers and engineers will dramatically lower the ...
28/08/2024
Our cob blocks are traditional structural building blocks made from a mixture of subsoil, aggregates and straw. They are ideal to either restore traditional cob walls in need of repair or to build the perfect eco-building from new. Our cob is available in mass form as well as dried block form. ...
27/08/2024
Morgan Sindall Construction has announced the successful completion and handover of a £64 million regeneration project in the heart of St Albans, Jubilee Square. The project by St Albans City and District Council has transformed a rundown area of the City Centre with two new landmark buildings and ...
27/08/2024
Bouygues UK has submitted a planning application for Phase Two of the re-development of Tustin Estate in south-east London. Planned in four phases, the whole scheme includes 250 replacement council homes and shared equity properties for returning leaseholders, 220 additional council homes for ...
27/08/2024
Esh Construction has been appointed to a £4.1 million future housing development for Rotherham Metropolitan Borough Council. The contractor has commenced public realm improvement works which will support further riverside development in Rotherham town centre. Procured through YORhub's YORcivil2 ...
27/08/2024
After much anticipation, the annual Brick Development Association Brick Awards shortlist has been revealed, and IG Masonry Support products feature in seven projects across six categories. The Brick Awards celebrate the pinnacle of brick architecture and craftsmanship. Each year, hundreds of ...