FORMWORK and scaffolding specialist PERI has taken over UK-headquartered Mabey Hire.
The PERI Group is a family-owned company based in Weissenhorn, Germany, with approximately 9,000 employees and a turnover of 1.9 billion EUR. The business operates from more than 160 locations worldwide.
Mabey Hire provides solutions for infrastructure and renovation construction projects. The portfolio includes groundshoring for excavations, propping and jacking for renovation, temporary bridges for access and sensors for all phases of construction projects. The company has around 400 employees and is represented at 16 different locations in the UK.
PERI said that with ‘synergies in culture, a strong reputation for engineering and professionalism combined with a clear segment fit’, both companies complement each other ‘perfectly’.
Mabey Hire will continue under its current management, brand and name and will operate as an independent company under the umbrella of PERI UK.
“Becoming part of the PERI Group is an excellent opportunity to better serve the needs of our customers and, with PERI UK, offer them the best service possible. Therefore, we already look forward to working together to expand the business by serving more customers in both the UK and internationally,” said David Adams, CEO of Mabey Hire.
“Together, we will work to achieve cross-selling opportunities to offer our customers an even broader range of infrastructure and renovation products and continue the drive to always provide the best possible service to our customers,” added Ian Hayes, MD PERI UK.
“This acquisition marks an important milestone in our growth strategy to develop new market shares and areas in the civil engineering and renovation markets, especially in the UK but also internationally,” commented Christian Schwörer, CEO PERI Group.
