Tuesday, December 6, 2011

Bachy Soletanche Acquires Piling Contractor Simplex Foundations

Bachy Soletanche Limited has announced that it has purchased the northeast based piling contractor, Simplex Foundations Limited for an undisclosed sum. Bachy Soletanche has purchased the firm from Northwest Holst, gaining an increased rig fleet and its skilled, experienced engineers.

The company will continue to trade as Simplex and will stay in the local area, sharing Bachy Soletanche's new northeast office with the anchors, grouting and mini-pile division in Wakefield, West Yorkshire. Its plant will move to Bachy Soletanche's Burscough depot in Lancashire.

Speaking of the acquisition, Martin Pratt, Managing Director at Bachy Soletanche Limited, commented: "The acquisition will take advantage of the synergy between the two companies. As such, it will expand the capacity of Simplex Foundations and for Bachy Soletanche will provide the extra plant equipment and engineers when required. The arrangement benefits everyone concerned and we are pleased to have Simplex on board."


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