A new look for Mabey as we look toward a bright future.
PRESS RELEASE
July 2, 2012
Mabey doubles worldwide footprint and expands into new markets
UK based construction leader invests, expands and rebrands
Mabey has announced a series of initiatives that will dramatically grow its worldwide presence. The group is doubling its US operations, and has established Mabey Hire International in Singapore as a springboard for developing business in Asia.
Mabey Inc. is opening another five depots over the next twelve months (taking it to twenty depots with plans for further growth over the forthcoming year) and Mabey Hire International plans to build its Singapore business to at least the size of its rental operations in the UK and US.
Mabey Hire has also recently launched a number of new products, which will drive significant growth within its UK business. The group’s UK rental business has reestablished market leadership in its chosen sectors, underlined by the introduction of several new products, most significantly its recent status as a supplier of Tufftrak matting.
The international expansion follows investment earlier last year of over $63m to create a wind turbine tower manufacturing factory at Newhouse near Chepstow in South Wales. This facility has enabled Mabey Bridge to establish a strong position within the rapidly expanding renewables sector.
“This is a great performance in what has been a very challenging year for the construction market,” said Peter Lloyd, CEO, Mabey Holdings Ltd. “We are now actively looking for export opportunities for all of our UK businesses, having created a team to focus solely on international business. I look forward to a year of continued diversification and expansion.”
From July 2012, Mabey is rebranding its family of companies which specialize in bridging, steel fabrication, equipment rental and construction products.
The British organization, which was originally founded by the Mabey family in 1923, employs more than 1,000 people in 38 locations across the world and has annual turnover in excess of $157 million.
The rebrand will see Mabey Hire Services, which was formed in October 2009 through the merger of Mabey Hire, Murrayplant and Mabey Support Systems, become Mabey Hire. Mabey Hire International, the Group’s Asia-Pacific arm, will become Mabey International, and Mabey Bridge & Shore, Inc., Mabey’s US division, will become Mabey Inc.
Beachley Properties, the group’s UK-based commercial property investment and development company, will become Mabey Property, and Mabey Bridge will continue to trade under its existing name.
The decision to bring all companies under the Mabey brand will enhance the group’s drive to continue sharing knowledge across its international network of offices and portfolio of services. Mabey is eager for customers to recognize the full strength, depth, and reach of its business worldwide and that this scale and experience is ultilized to deliever the best possible service and value.
“The Mabey family of companies has grown both through acquisition and organically. Bringing all our businesses under one simplified Mabey umbrella will provide existing and future clients with greater clarity of the services we offer,” added Peter Lloyd. “The Mabey name is extremely well known throughout the construction industry and the rebrand will reinforce the breadth of the group and the links between our family of companies.”
(522 words)
ENDS
About Mabey Ltd
Mabey is a global group of companies providing essential components to the construction and engineering industries. Its family of companies includes Mabey Bridge, Mabey Hire, Mabey Inc. and Mabey International. The company specialises in intellectual support to infrastructure development around the world, and provides support to planned and unplanned (crisis) engineering projects. Through its efficient and innovative best practices, it has been providing outstanding services to clients for over 160 years.
Website: www.mabeygroup.co.uk
Twitter: @MabeyGroup / YouTube: MabeyTV / Flickr: MabeyFamily / LinkedIn: Mabey / Facebook: Mabey
For more information please contact Jessica Bagrowski.
