Portakabin acquires £80m turnover healthcare modular buildings firm

York-headquartered modular building expert, Portakabin, has acquired Telford-based healthcare modular buildings specialist Darwin Group.

The move is designed to offer healthcare providers both temporary and permanent building solutions to cover all future clinical and non-clinical requirements.

Dan Ibbetson, CEO of Portakabin, said: “This union between two of the most respected offsite modular builders in their respective fields is an exciting development for both Portakabin and Darwin Group.

“We are both passionate about providing the healthcare sector with the most comprehensive range of market-leading products and services, particularly given the considerable pressures on our healthcare professionals today.”

Richard Pierce, CEO of Darwin Group, added: “An incredibly strong culture runs through the DNA of both businesses, and our commitment to delivering quality healthcare facilities allowing clinicians to enhance patient care makes this a natural fit.

“We are truly excited to start working together to continue delivering outstanding buildings for our customers.”

Darwin Group has about 200 employees and a turnover of roughly £80m in 2022.

Portakabin says this deal is a highly strategic acquisition which closely aligns with its pursuit of longer-term growth ambitions and directly serves to address growing demand for high quality temporary and permanent building solutions across Europe.

Portakabin was advised by Stephens (Corporate Finance), Addleshaw Goddard (Legal) and KPMG (Financial and Tax).

Darwin Group was advised by Deloitte (Corporate Finance), DLA Piper (Legal) and PwC (Tax).