Keltbray snaps up Dunne assets

shutterstock_3824170
Image: James Steidl / Shutterstock.com

Keltbray Group has confirmed it has acquired some of the assets of Dunne Group, which went into administration last month with the loss of over 500 jobs.

A deal has been struck with the administrators for Keltbray to buy Dunne’s former yard and head office at Bathgate, as well as plant used for the construction of reinforced concrete structures.

A spokeswoman said, “Keltbray sees this as an opportunity to broaden its capability and services portfolio, widen its geographical reach and to respond to market demands.”

The Dunne Group was founded in 2001 and operated across the United Kingdom. The firm turned over £74 million last year.