Further Acquisitions and Diversification Announced for Fabrications Firm17/03/2020
Agricultural and industrial fabrications experts, the P&K Construction Group (which was formed by owners Simon Pelly and Jonathan Kirk, following their management buy-out of S&A Fabrications and Roundhouse Building Solutions in 2018), has furthered its diversification and growth strategy following a number of acquisitions with the help of Mincoffs Solicitors LLP and MHA Tait Walker.
P&K have acquired the business and assets of both Next Level Mezzanines Limited and Ash Construction Limited which has offered the Group not only the cost efficiencies of bringing additional “small works” fabrications facilities in house, enabling them to provide a “one stop shop” for their clients’ steel fabrication needs, but also the opportunity to widen its market reach into new areas such as the construction and erection of mezzanine floors and exhibition stands.
The P&K Construction Group have worked with Mincoffs Solicitors and MHA Tait Walker since formation as part of the 2018 MBO.
Simon Pelly, Managing Director of P&K Construction Group commented: “We are experiencing a really exciting period in the growth of P&K which is only boosted by these new acquisitions which enable us to service our current customers more comprehensively as well as venture into new markets. We are very grateful to Mincoffs and MHA Tait Walker for their ongoing support as we continue to grow the company.”
Chris Hughes, Associate Solicitor in Mincoffs Solicitors’ Corporate Team who led the team which provided legal support on the transaction, said “it’s been a pleasure to once again work with Simon and Jonathan during an exciting period of growth for them following the MBO. We were delighted to be able to assist in adding these two businesses and the additional service lines they have offered the group.”
Paul Shields, Associate Partner at MHA Tait Walker added “‘following our work with Simon and Jonathan on their successful MBO, we were delighted to assist them with the acquisitions of Next level Mezzanines Limited and Ash Construction Limited. The additional services and different geographical locations will assist with further growth for the group and we wish them every success for the future.”