Billington acquires new site and assets
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 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.”