Altrad acquires Spectra Scaffolding

BURY-based Spectra Scaffolding has been acquired by French-owned rival Altrad NSG.

Spectra, which was owned by directors Kevin Jennings, Alan McDonald and Colin Dean, had assets of around £400,000 in the year to March. The value of the deal was not disclosed.

Deeside-based Altrad NSG said all employees will transfer and continue to work from the Bury base.

Mike Carr, Altrad NSG’s managing director, said: “I am extremely pleased with this acquisition; the directors of Spectra Scaffolding have over 100 years’ combined experience in the scaffolding industry. Their wealth of experience will further complement the offering of Altrad NSG to clients within the construction industry and other markets.

“The team at Spectra Scaffolding share our ethos of delivering high quality work with a commitment to excellent health and safety practices. They have completed some very prestigious projects to date – including historic restorations with the National Trust and the CTP Office Development in Manchester city centre – and we look forward to exploring further opportunities across their key markets.”

Altrad NSG works with a range of blue chip construction clients providing specialist scaffolding and industrial access services as well as insulation, painting, blasting and industrial cleaning.

Its core sectors are offshore oil and gas, petrochemical, pharmaceutical, power generation, steel production, shipbuilding, rail and civil infrastructure.