Oscrete acquires Irish distribution partner
Bradford-based concrete admixtures specialist Oscrete has completed the acquisition of Irish distributor Adcrete Ltd. Adcrete Ltd is the sole distributor of Oscrete products in Ireland and Northern Ireland and, since its set up in 2016, has established a reputation for providing innovation, experience and first-class partnering to the precast concrete, ready-mix and ready-to-use mortar industries.
The purchase, which sees Oscrete secure the majority share of the company, will allow the additives specialist to further develop its activities in Ireland where it is building a strong presence.
“The addition of Adcrete to Oscrete’s enterprise offering demonstrates the commitment we have to grow our business in Ireland, “ comments Oscrete Operations Director Scott Wilson. “It is an excellent strategic fit for us and a natural progression that will build on the already strong relationship we have with the Adcrete team.”
The acquisition will further strengthen Oscrete’s position in this growing market place which has seen Oscrete increase its UK market share within the Admixtures market to 12% in 2017.
“We are pleased to become part of the Oscrete and Christeyns family of businesses,” commented Gus Vaughan, Director at Adcrete, “I am confident that this amalgamation will lead to accelerated growth for all stakeholders. We look forward to a strong and successful future together.”
Adcrete distributes an extensive range of high performance admixtures that consistently deliver high value technical solutions to clients across the concrete industry all over Ireland. Oscrete, part of the Christyens UK group of companies, has seen a double digit increase in its turnover for the past six years and its range of quality, innovative products make it one of the UK's leading specialist construction chemical suppliers.