KBS Corporate Oversees the Sale of Acrypol Limited
Acrypol Limited is a specialist provider of waterproof roofing solutions and provides roof installation based in Cheshire within eight months of initial instruction.
The company was established in 1986 and has developed a strong reputation for a wide product range including Acrypol +, Acrypol Ultra, Acrypol Quartzdek, Acrypol Metal-Kote and Tech Seal PU. Acrypol Limited also benefits from several accreditations including CHAS, NFRC and Constructline. This has allowed the company to operate nationally whilst maintaining several client relationships for over 20 years. The company has also generated loyalty within the business with a number of staff members remaining with Acrypol for a number of years.
The shareholder instructed KBS Corporate with the sale of their business in order to realise their retirement plans.
KBS Corporate implemented a comprehensive research strategy with a primary focus on trade. Acrypol Limited became a popular acquisition prospect; the company received their first offer before the marketing materials had been completed.
The successful offer came from Cromar Building Products Limited. The company is based in North Yorkshire and offers a range of flat and pitched roofing products and boasts one of the most impressive manufacturing facilities in Europe within the sector. Cromar Building Products Limited has an excellent reputation which is bolstered by Associate Membership of the NFRC. The acquisition of Acrypol Limited acts as a synergy purchase for Cromar Building Products Limited who are looking to expand increase their product offerings.
Mike Marshall, managing director of Whitley Bridge-based Cromar, said,
“Acrypol is such a renowned name within our industry, it will make an excellent addition to the existing Cromar family of products. We are really looking forward to developing the Acrypol brand name further and consulting with the Acrypol specialists to develop even more great roofing products for the trade.”
Wayne Morgan, sales director at Acrypol, added,
“Acrypol has over 30 years of recognised excellence and we cannot think of a better company to take this brand onto the next level. With the combined knowledge and customer base of the two businesses the future is definitely looking bright.”
The deal was overseen by KBS Corporate’s Corporate Director Andrew Dodd.