PERI Group of Weissenhorn in Germany has acquired Mabey Hire, the Dewsbury, West Yorkshire-based firm that specilaizes in infrastructure and renovation construction projects.
“Becoming part of the PERI Group is an excellent opportunity to better serve the needs of our customers and, with PERI UK, offer them the best service possible,” said Mabey Hire CEO.
“Therefore, we already look forward to working together to expand the business by serving more customers in both the UK and internationally.”
PERI UK MD Ian Hayes said: “Together, we will work to achieve cross-selling opportunities to offer our customers an even broader range of infrastructure and renovation products and continue the drive to always provide the best possible service to our customers.”
PERI Group CEO Christian Schwörer said: “This acquisition marks an important milestone in our growth strategy to develop new market shares and areas in the civil engineering and renovation markets, especially in the UK but also internationally.”
The PERI Group is a family-owned company with 9,000 employees, more than 160 locations worldwide and a turnover of €1.9 billion. It is one of the leading manufacturers of “formwork” and scaffolding systems worldwide.
Mabey Hire’s portfolio includes groundshoring for excavations, propping and jacking for renovation, temporary bridges for access and sensors for all phases of construction projects. The company has around 400 employees at 16 locations in the UK.