14.06.2011

Altrad takes NSG

The French based Altrad group has acquired the entire share capital of UK based scaffold group NSG U.K. Ltd.

Details of the deal which was concluded at the start of June have not been disclosed. NSG, which is based in Deeside, employs around 320 with revenues in the region of £20 million.

NSG managing director Mike Carr will continue to head the business with the same management team. The company’s principle activities are scaffolding services, bespoke access solutions, thermal insulation, industrial cleaning and industrial painting.

NSG, which was previously owned by Plettac, is already a user of Plettac Contur multidirectional system scaffold whic is now part of the Altrad group.

Altrad chief executive Mohed Altrad said: “This latest exciting acquisition provides a company with a wealth of experience, highly professional with safety at the core of the values and a strong, highly driven management team headed up by Mike Carr as managing director.”

“The acquisition forms part of a bigger plan to provide the UK market with services and products from Altrad which specialise in the manufacturing and sales of scaffolding, concrete mixers and wheelbarrows, together with providing additional services in the scaffolding sector.”

The NSG acquisition brings the total number of companies owned by Montpelier based Altrad to 54 and follows the recent purchase of UK based scaffolder Beaver 84 Click here to see Altrad Acquires Beaver and the merger with UK based equipment company Belle in 2008.