Last checked at 3 Apr 2023 14:11
3 April 2023
Severfield plc
('Severfield' or the 'Group')
Completion of the acquisition of Voortman Steel Construction Holding B.V.
Severfield plc, the market leading structural steel group, is pleased to announce that, following the satisfactory completion of the works council consultation process as required under Dutch Law, today it has completed the acquisition of Voortman Steel Construction Holding B.V. ('VSCH').
ENDS
For further information, please contact:
Severfield | Alan Dunsmore Chief Executive Officer | 01845 577 896 |
Adam Semple Chief Financial Officer | 01845 577 896 | |
Jefferies International | Simon Hardy | 020 7029 8000 |
Will Soutar | 020 7029 8000 | |
Liberum Capital | Nicholas How | 020 3100 2000 |
Ben Cryer | 020 3100 2000 | |
Camarco | Ginny Pulbrook | 020 3757 4992 |
Tom Huddart | 020 3757 4980 |
Notes to editors - Severfield:
Severfield is the UK's market leader in the design, fabrication and construction of structural steel, with a total capacity of c.150,000 tonnes of steel per annum. The Group has seven sites, c.1,800 employees and expertise in large, complex projects across a broad range of sectors. The Group also has an established presence in the expanding Indian market through its joint venture partnership with JSW Steel (India's largest steel producer).
Notes to editors - VSCH:
VSCH, headquartered in Rijssen, the Netherlands, is a leading high-end steel construction company, with business activities in the Netherlands. VSCH specialises in steel construction, industrial construction, design and build solutions, and energy construction. Over recent years, VSCH has transformed itself from a bulk steel constructor to a provider of high-end tailor-made steel solutions with an impeccable track record. VSCH currently has c.140 employees.