Mon, 24 Jun 2024 | BUSINESS SALE
Access specialist Brogan Group has acquired equipment manufacturer Construction Access Systems (CAS). CAS, which was founded in 2010, designs and manufactures the “common tower” system that is used in high-rise construction projects worldwide.
The common tower is a temporary structure that is tied to the main building during construction and is used alongside rack and pinion hoists to provide access to the building that is under construction. The tower significantly reduces the amount of cladding that needs to be left out during construction, as well as providing a central point for vertical access to the building under construction. The system is used by most high-rise access firms, including Brogan Group.
Following the deal, CAS Founding Director Tony Faulkner will take on an international sales role at Brogan Group, in order to further promote the common tower for high rise construction projects and other uses, including loading bays and docks and street gantries.
The deal comes amid Brogan Group’s expansion efforts into new markets in the US and Europe, as the firm seeks to build on its position as a specialist provider of access systems across the UK and Ireland, as well as in Dubai and Saudi Arabia.
Brogan Group Director Wayne Smith commented: “I see demand for the common tower increasing worldwide and by adding a manufacturing capability, we will greatly increase our appeal to new users and for new applications.”
“We believe the CAS system is the best in the world. Being alloy it is lightweight and easy to pre-fabricate floors at ground level before lifting into position, whilst its inherent load bearing capacity has the potential to service in excess of 500m building heights.”
CAS Founding Director Tony Faulkner said: “When we decided to sell CAS we received a great deal of interest from the market including from hoist manufacturers and specialist access providers. Brogan Group emerged early on us a ‘best fit’ to promote our common tower to a wider market in the UK and worldwide.”
Read about the trends that are set to drive future M&A activity in the UK manufacturing sector
This is a unique opportunity to acquire a bespoke soft furnishings manufacturer with a strong reputation and established relationships with top interior designers, developers, and architects.
Opportunity to acquire a well-established bespoke kitchen manufacturer and retailer with over 30 years of experience in delivering high-quality custom kitchens.
Opportunity to acquire a company renowned for its bespoke wood machining, providing distinctive timber components for various industries including construction and furniture.
18
|
Apr
|
Household goods retailer Lakeland undergoes a management buyout | MBO/MBI
Windermere-based family-owned household goods retailer, Lake...
17
|
Apr
|
Manchester tech firm Wakelet bought out of administration | BUSINESS SALE
A Manchester technology company has been bought out of admin...
17
|
Apr
|
Nutrition company Science in Sports bought by investment firm for £82 million | BUSINESS SALE
Nutrition specialist Science in Sport (SiS) has agreed to be...
16
|
Apr
|
Pulse Cashflow Finance carries out MBO to help under-pressure UK firms | MBO/MBI
Pulse Cashflow Finance has undergone a management buyout (MB...
24
|
Feb
|
Cars 2 chooses employee ownership | BUSINESS SALE
West Yorkshire based retail car dealership, Cars 2, has tran...
24
|
Dec
|
Stricken Remedi bought by digital health entrepreneur | BUSINESS SALE
Cheshire-based digital pharmacy business Remedi Solutions ha...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.