Keltbray Group, the United Kingdom-based company that includes demolition among its range of services, has launched a reinforced concrete frame business.
The company decided to set up Keltbray Structures after acquiring some of the assets of concrete foundations and superstructure specialist the Dunne Group, which went into administration in July and has ceased trading.
John Price, the managing director of Keltbray Group, becomes chief executive officer of Keltbray Structures, with Andy McClafferty – former deputy managing director of Keltbray Demolition & Civil Engineering – as chief operating officer.
Former Dunne Group man Gordon Dunne has been named as managing director of the new business.
While Keltbray has not taken over Dunne Group as a going concern, or taken on any of its former contracts with clients, by acquiring some of the company’s assets, it says is strengthening its capability and services portfolio to provide demolition, groundworks, piling and concrete structures solutions as integrated or standalone services.
Keltbray Group chief executive Brendan Kerr, said: “Prior to going into administration Dunne Group was a leading company in its field and enjoyed a strong reputation as a reinforced concrete frame specialist contractor.
“We believe that Keltbray will benefit from tapping into Dunne’s capability and this acquisition of some of its assets. Keltbray Structures has the potential to complement and expand our existing portfolio, which is already unrivalled in the UK, and help us to further develop our expertise and differentiation in line with market demands.
“With our financial resources behind it, I believe there is considerable scope for increasing the service offering and profitability of our business through this development, and give us a better geographical reach to other parts of the UK.”