American concrete giant buys another UK pumping firm

American concrete pumping giant Brundage-Bone has continued its UK expansion with the acquisition of Reilly Concrete Pumping Limited.

Brundage-Bone has acquired Reilly through its Oxford Pumping Holding subsidiary which includes Camfaud Concrete Pumps, South Coast Concrete Pumping Limited and Premier Concrete Pumping Limited.

Oxford operates primarily in southern England and Wales while Reilly is focused on northern England and Scotland.

Bruce Young, President and Chief Executive Officer of Brundage-Bone said: “Brundage-Bone is pleased to welcome another premier business to the Oxford platform.

“Similar to our other Oxford businesses, Reilly is a natural partner for Brundage-Bone in the United Kingdom given its outstanding fleet of mobile equipment, as well as proven reputation for excellent customer service and technical expertise.”

Tony Faud, Managing Director of Oxford, added: “We are very excited to be joining forces with Reilly.

“By adding the highly respected Reilly brand, we can now offer full national coverage to our customers.

“This investment will provide excellent opportunities for our management, staff and pump operators in the United Kingdom, whose hard work, skill and commitment are vital to our business.”

Brendan Reilly, Managing Director of Reilly, said: “We look forward to joining Oxford to create a company that can offer a first-class concrete pumping service across the United Kingdom.

“We believe this transaction will offer a fantastic fit for Reilly’s employees and will be a smooth transition for our customers.”

Latest results for Reilly show the company made a pre-tax profit of £1.07m on a turnover of £7.58m last year and employed 73 staff.

from Construction Enquirer http://www.constructionenquirer.com/2017/07/05/american-concrete-giant-buys-another-uk-pumping-firm/

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