The acquisition was completed on July 20th 2011. It follows a strategic decision by previous owner Hill and Smith plc to focus on its remaining core businesses.
Jonathan Evans is a chartered engineer and joins the company as Chief Executive. Ian French, formerly of Hill and Smith plc, will be Commercial Director.
Jonathan has a successful track record in the metal building products industry and Ian already has a wealth of experience in the Ash & Lacy Building Systems operation and the markets the company serves.
Ray Harriman, who continues as Managing Director, commented: “This change in ownership presents a tremendous opportunity for us. It will enable us to continue to build on our hard-earned reputation and move forward with even more determination to increase our presence in a variety of new and exciting markets. Customers will progressively observe and benefit from the extremely positive effects this acquisition will have on the entire business. We look forward to communicating these developments.”