Modular buildings firm to close division after attempts to sell prove unsuccessful

York-headquartered Shepherd Building Group is to restructure its Portastor business, with proposals to close the division which employs around 75 people.

Shepherd Building Group, which owns Portakabin – of which Portastor is a division – has made the decision after undertaking an internal strategic review.

Portastor has today informed employees of its proposal to close the business, following the completion and delivery of its existing customer contracts.

The company employs approximately 75 people. Consultation will begin today with these employees and Shepherd Building Group said it would be working closely with its workforce in the months ahead.

Shepherd Building Group Chairman, David Williams, said: “Recent attempts to sell the Portastor business proved unsuccessful. As a consequence, we have taken the difficult decision that a restructuring of Portastor operations is in the best interests of all our stakeholders.

“As a result, we have had to make this difficult decision to consult our workforce on how we might prepare to restructure the business. This decision has not been taken lightly and we deeply regret how unsettling today’s announcement will be for our people and their families.

“Operations at Portakabin will be unaffected by this proposal and will continue from its head office in York, focused on continuing to serve the needs of its customers and further developing its product offering.”