Swedish group buys Scottish steelwork contractor JDP
Swedish group buys Scottish steelwork contractor JDP
Abstract
Founded in 1975, JDP is headquartered in Glengarnock, Scotland employing 425 staff on projects across the UK. Last year it achieved £87m turnover generating a £13m profit. Storskogen bought an 80% stake in Fabco Sanctuary, a leading manufacturer of steel windows, doors, screens and partitions. Fredrik Bergegård, Head of Business Area Industry, will become DP chairman.
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Founded in 1975, JDP is headquartered in Glengarnock, Scotland employing 425 staff on projects across the UK. Growth at the Ayrshire steel erector has been underpinned by the expansion of e-commerce logistics, warehouses and transport infrastructure. Last year it achieved £87m turnover generating a £13m profit. The existing management team will continue to operate the business led by managing director Derek Pierce, who will stay in the long term and remains a significant shareholder. Pierce ...
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