Follow TheRichWorks.co.uk

linkedin
Register | Login

Amberon acquire Barrier Services Ltd

 
Amberon are pleased to announce that it has completed the acquisition of leading UK highways barrier company Barrier Services Ltd.

Amberon are one of the UK’s leading Traffic Management companies. Formed in 2002 and having grown to 22 depots across the country, Amberon employs over 500 people and reported an annual revenue in excess of £28 million. Amberon have operated in the highways barrier market since gaining its sector scheme approval in 2015. The acquisition underlines Amberon’s ambitions to offer this service on a national basis.

Barrier Services Ltd have offered a national service from its location in Caldicott, South Wales since 1983. Barrier Services reported revenue of £5.5m and employ 40 people.

Daniel East, Commercial Director of Amberon said “This is a very exciting time for both businesses with many opportunities ahead, initially we can now offer our clients a one-stop solution for barrier installation, repair and inspection along with the requisite traffic management.”

Amberon’s depot network of strategic locations provides Barrier Services with exceptional scope to pursue opportunities nationally.

Managing Director, Terry Musson added “We have enjoyed a long-standing relationship with Barrier Services and have always recognised them as market leaders in their field. By partnering with Amberon we can form an even stronger bond. We are looking forward to working with Dan Raffles and Neil Amesbury who form a strong management team that we know we can work with too”.

The founders of Barrier Services Ltd, Barbara & Phil Gibson have taken the decision to exit the business and were very happy to exit to Amberon as the values of Barrier Services were recognised and would be retained for the future. Barbara and Phil led Barrier Services very successfully for over 30 years and have been instrumental in building a sector leading firm.

Dan Raffles, Director of Barrier Services Limited said “We are going to miss Barbara and Phil immensely, but initially on a daily basis there will be no obvious changes to either business, with a clear effort to remain focused on the tasks at hand of offering a safe, efficient, highways barrier service to our customers, however, Neil and myself are welcoming the opportunity to expand Barrier Services and work with the team at Amberon

For further comment or question please contact daniel@amberontm.com
 
Uploaded 26/11/2018