Scotframe acquired by French group Saint-Gobain
Company continues with same management
Housing kit builder Scotframe Timber Engineering has been acquired by French construction group Saint-Gobain.
The deal will accelerate Saint Gobain’s involvement in the offsite manufacturing and closed panel construction market.
Scotframe, which is headquartered in Inverurie, Aberdeenshire, has more than 160 employees and reported sales last year of £30 million. It is known for providing modular housing and closed panel systems.
It provides full timber frame housing kits for small and medium sized builders, developers, and self-builders throughout the UK.
Bob Edwards, managing director of Scotframe said: “This is an exciting time for Scotframe and for all our dedicated colleagues. Having established the business 28 years ago the sale of Scotframe is a tremendous milestone in our evolution.
“I am delighted that we will be beginning this new chapter as part of the Saint-Gobain group, a tremendous company with a fantastic reputation and great strength.”
The Saint-Gobain Group, established in north east France in 1655, was the first enterprise to produce glass on an industrial scale and has since spread across the globe. It now has a strong presence in Scotland, and helped build the recently completed Queensferry Crossing, the longest three-tower cable-stayed bridge in the world.
Mr Edwards said: “I will continue to run Scotframe and for our customers nothing will change – we continue to operate business as usual. For our colleagues who make our business such a success this is a terrific opportunity to be part of a global group with 18,000 colleagues in the UK alone and a culture of valuing personal development and growth – so many new opportunities for our business.”
Mike Newnham, chief executive of Saint-Gobain Building and Distribution in UK and Ireland said: “I am delighted that the founder and MD of Scotframe, Bob Edwards, will continue as managing director following this acquisition, so Scotframe will continue business as usual, serving customers and manufacturing high-quality products.”
Saint-Gobain operates in 67 countries, and has more than 170,000 employees, including 18,000 in the UK and Ireland. The company recorded more than €39.1 billion in sales last year.