Nick Petrovic, Thurston Group finance director, left, with managing director Matt Goff
Nick Petrovic, Thurston Group finance director, left, with managing director Matt Goff

Thurston Group builds with Alsim agreement

A modular and portable building firm has expanded with an acquisition.

Thurston Group has bought Alsim System Building’s assets, intellectual property and customer relationships.

Bosses say the move will “diversify” the Wakefield-headquartered company’s portfolio and allow it to make a new style of temporary living accommodation.

And the deal could be followed by further agreements, with officials revealing they are “actively seeking opportunities to scale capacity”.

The takeover follows modular building firm Alsim’s insolvency and also comes after Thurston Group’s investment into fabrication firm Storplan to increase production capacity.

Matt Goff, managing director at Thurston Group, which has further bases in Hull, York and Brandesburton, in East Yorkshire, said: “Alsim has long been respected for its design expertise and customer relationships within the construction sector.

“By acquiring its assets and intellectual property, we’re not only strengthening our own technical capability but reinforcing our position as a trusted, forward-thinking off-site manufacturer.”

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