Storskogen UK acquires J&D Pierce (Contracts) Ltd
Storskogen has acquired 80 percent of the shares in J&D Pierce (Contracts) Ltd (“JDP”), a leading specialist in fabrication and site erection of structural steelwork in the United Kingdom. The company reported revenue and EBITA of approximately GBP 86.8 million and GBP 12.9 million respectively, for the financial year ending 31 July 2021. JDP is Storskogen’s first acquisition in Scotland, and an important milestone in the company’s expansion in the United Kingdom.Since its founding in 1975, JDP has grown into a market leader in design, fabrication and site erection of structural steelwork