Acquisition and expansion at KEB

KEB Fabrications Limited has announced the acquisition of Profile 22 commercial fabricator, JAG Glazing Limited from its owners, the MacDougal family.

KEB Fabrications Limited has announced the acquisition of Profile 22 commercial fabricator, JAG Glazing Limited from its owners, the MacDougal family.

Based in Cleobury Mortimer, Shropshire, JAG Glazing has a strong reputation in the Public Sector and a history of cooperation with KEB, including undertaking sub-contract production for the company during its impressive recent growth.

KEB Fabrications has added more than GBP 4M of new business to its turnover, much of it long-term commercial contracts and partnering agreements.

The company has a future order book exceeding GBP 30M.

Reflecting on the acquisition of JAG Glazing and twelve months remarkable growth, Managing Director, Lawrence Breakspear commented, "In an increasingly competitive market, we have continued to expand by concentrating our efforts on our core business of social housing refurbishment".

"Strengthening the management team and investing in new fabrication equipment has paid dividends, allowing us to expand our manufacturing volume in line with the new business growth".

"The acquisition of JAG Glazing provides us with further high quality production capacity and a skilled, dedicated workforce to deliver the impetus for our next phase of growth".

Speaking for JAG, Alan MacDougal added, "I am delighted that we have reached this agreement with KEB, having worked so closely with them previously".

"As a family business it is reassuring to know that our loyal workforce will have the job security associated with becoming part of a dynamic, emergent company".

"Both parties have gained insofar as KEB now have the extra high quality, production capacity they sought and as a family, we are now free to explore other business opportunities".

KEB has built an enviable reputation in the demanding social housing refurbishment market, successfully partnering many leading Contractors, on projects throughout the UK.

The company also has plans to develop its trade division, launch new products and expand production still further during 2005.

Financial Director, Garry Lacey concludes, "We have made great strides in establishing KEB as one of the country's leading social housing fenestration specialists but we will not be resting on our laurels".

"We set some ambitious targets for the company and credit is due to the management team and workforce for responding to the challenge and delivering the goods".

"We will continue to grow the business by building on our strengths".

KEB Fabrications has established a satellite office in Gateshead to service the many commercial contracts it is engaged on in the North-East and is currently looking at a similar resource in the North-West.

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