A West Yorkshire SIP and Timber Frame manufacturer has seen the founders regain control in a deal which sees a long-term director leave in a move that is set to propel the business forward.
SIP Build UK and Frame Build UK are now back in total control of Chris and Julie Duckworth, the deal that has seen the other shareholders and directors leave the business and has come at a key time for them. Having invested hundreds of 000’s over the last few years SIP and Frame Build UK are particularly well placed to service the ever-increasing Offsite Manufacturing market. Driven by quality and process the business has huge ambitions to make the most of the opportunity provided.
A restructure within the business will see a new management structure and product offerings which has created an unprecedented excitement within the business, further announcements are expected shortly once the ink has dried on the deal.
Chris Duckworth Managing Director says that the change in direction and personnel has come at a time when the whole construction industry is being driven by quality, process, material shortages and lack of labour.
Commenting he says: “The future direction and control of the business allows us to make the most of being a market leader with Nationwide Coverage, SIPs are regularly featured on Grand Designs and other property programmes, we have seen demand soar in this marketplace. Energy efficiency is harder to achieve using traditional methods and the short supply of brick layers is moving many developers and builders towards offsite manufacture. We are brilliantly placed to offer advice service and quality through our dedicated staff and systems.”
The deal was advised by new entrant to the space Tyr Law, Knights LLP law firms and Waltons Clark Whitehill chartered accountants and business advisors.