Colmore Tang acquires Stainless Handrail Systems
SHS has been designing, manufacturing, supplying and installing handrails, balustrading and glass products for over 25 years.
Andy Robinson, CEO of Colmore Tang, said: “We recognised this as a superb opportunity to acquire a successful business that easily integrates into our supply chain.
“SHS has grown quickly over the last few years under the excellent guidance of its founders and this gives us a strong platform to take the business forward and grow both the product range and customer base significantly.
“I would personally like to acknowledge the efforts of the directors who have built a great manufacturing business that is in an excellent position to enter new markets and is prime for continued growth.”
Colmore Tang’s existing relationship with the manufacturer has seen it install SHS products on two of its most-recently completed projects in Birmingham - Fabrick Square in Digbeth and Ridley House, which is situated adjacent to The Mailbox.
Andy continued: “We were really impressed with the quality of the products installed by SHS at Fabrick Square and Ridley House.”
“We always take great pride in the finer details and finishing touches of our projects and our acquisition of SHS will only reinforce this further.”
“With our expertise in the
Colmore Tang will look to double turnover for SHS over the next two to three years through a further push into the B2B market.
Sean Gilbert, who continues on as non-executive chairman for SHS, said: “We are really excited about the direction in which the business is moving and we’re very much looking forward to seeing it flourish as part of the Colmore Tang Group.”
Published: 20 December 2017