Keltbray Group has launched a reinforced concrete frame business called Keltbray Structures, after acquiring assets from the collapsed Dunne Group.
Although Keltbray has not taken over the Dunne Group or any of its contracts, it has bought some assets so that it can move into the market for reinforced concrete foundations and structures.
Keltbray Structures’ new managing director will be Gordon Dunne, who previously headed up Dunne Group. The former deputy managing director of Keltbray Demolition and Civil Engineering, Andy McClafferty, will be the new business’s chief operating officer.
“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 their capability and this acquisition of some of their assets,” said Keltbray Group chief executive Brendan Kerr.
“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, including Scotland.”