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FK Group Acquires Premo Fabrications

Metal News - Published on Thu, 13 Jun 2019

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Altrincham based building envelope contractor FK Group has acquired Premo Fabrications for an undisclosed sum, announcing in addition that its turnover is expected to pass the GBP 100 million mark. FK said that its results for the year to 31 March 2019 should show sales for the 12 month period to be around GBP 107 million, a 60% increase YoY, with pre tax profit at GBP 2.5 million.

Premo Fabrications, a long-standing partner of the group, is a specialist in the design and manufacture of aluminium architectural fabrications, rainscreen, windows, doors and curtain walling. FK said that the deal marks a significant move, with a visible commitment to off site development and increased sustainability within its supply chain.

Mr Francis Keenan, chief executive, said that “We have had another impressive year, thanks to the dedication and commitment of our people and partners. We continue to prove our capabilities in providing the complete building envelope solution. Our pipeline for 2019-2020 is solid, with over GBP 80 million worth of projects secured, so we remain positive about the future.”

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Posted By : Rabi Wangkhem on Thu, 13 Jun 2019
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