BrandSafway/SGB has acquired UK access company Lyndon Scaffolding together with Taylor’s Hoists, which was acquired by Lyndon in 2017.
The deal takes effect this week and will see Lyndon Scaffolding merged with SGB to become Lyndon SGB by BrandSafway.
Established in 1968 Lyndon is/was owned and managed by the Lynch family along with finance director Keith Addis. It had revenues for the year to March of £48.6 million - of which Taylors Hoists contributed around £3 million. Pre-tax profits were almost £4 million, while net assets were £21 million. The company employs 600 staff at locations in London, Birmingham, Manchester, Edinburgh and Barry, while Taylor’s Hoists is based in Duxford.
Dave Witsken, BrandSafway president of Energy and Industrial said: “This is an exciting combination. It allows us to bring together a full range of scaffolding solutions — plus deliver excellence in a suite of other access technologies for our customers. By combining the assets, expertise and reputation of Lyndon Scaffolding with SGB, we will be able to expand our service solutions in key major cities in the UK broaden our overall footprint and accelerate our growth.”
Lyndon owner and chief executive Robert Lynch added: “We look forward to being on the same team with SGB, one of our industry’s best known and well respected names. By working together and sharing our expertise and best practices, Lyndon SGB will be able to offer customers more products and services and improved solutions.”