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Billington acquires new site and assets

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n1601Billington-acquisitionBillington Holdings, the structural steel and construction safety solution specialist, has announced it has conditionally agreed to acquire a new site at Shafton, near Barnsley, South Yorkshire.

The deal would see Billington pay £2.5M to Sabler Enterprises and a further £2.38M to Sherling Steel (UK) for equipment and assets.

The 25-acre site contains two industrial buildings with a combined useable area of 16,800m² and was principally engaged in steel and plate processing for the steel industry.

The planned acquisition represents the company’s largest strategic investment in its history. Billington’s directors believe the new facilities will significantly increase the output and complement its structural steelwork divisions located at Barnsley and Bristol.

Billington Chief Executive Officer, Mark Smith said: “It is an exciting period of change for Billington and one that the directors believe will further strengthen the company’s market position through increased capabilities, capacity and product offerings.”

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