JMAC Group hails future with 'momentous' takeover
A scaffolding firm says it has a framework for future growth after completing an acquisition.
JMAC Group has bought a majority shareholding in Tees Site Support.
Bosses say the move for the industrial services provider “marks a strategic step in JMAC’s history”, adding it will expand operational capability and provide a broader service offer.
Based in Stockton-on-Tees, JMAC Group complements scaffolding services with a broader portfolio that includes a safety systems division, rope access support and a blasting and protective coatings arm.
Operating from a site in Stokesley, North Yorkshire, Tees Site Support is known for services including rope access and confined space entry and rescue, project management, blasting and plant hire.
Luis McCarthy, JMAC Group chief executive, said: “This marks a momentous occasion.
“It moves us closer to our vision of becoming the leading multi-discipline access provider in the UK.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Is your business using artificial intelligence right?
Resilience, connection and maximising opportunity
In pursuit of healthy obsession
Why the Budget must restore productivity
What does collaboration really mean in business?
Why NE6 is the real Northern Powerhouse
Can you really judge someone by their CV?
Are you flying too close to business burnout?
Making education a lot better for a lot more
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?