Skip navigation

Gloucestershire Business News

US takeover of unsung engineering giant

One of the county's unsung engineering giants - which connects communities across the world - has been taken over by an American rival.

With its Gloucestershire base, from where it makes, stores and transports the bridges it makes to customers across the globe, Mabey Bridge employs 140 county staff.

According to US-based Acrow, described also as leading international bridge engineering and supply company, all staff at the Lydney-based operation are part of the deal.

Earlier this year we reported how Mabey Bridge has sold a 45-acre site near to its Lydney operation for a major housing development (see more below).

"The structure of this sale includes all employees in the modular bridge team and the manufacturing site in Lydney, Gloucestershire. Both companies will continue to operate under their own brands. Financial terms of the deal are not being disclosed," said a statement from the company.

"The move comes after a decision by the Mabey shareholders to sell their interest in the bridge manufacturing business."

Juliette Stacey, group chief executive of Mabey Holdings, said: "We believe this combination will deliver the best long term outcome for our people and customers, as it results in a wider ranging business with vast knowledge and experience and an increased ability to support customers' needs and requirements worldwide."

Bill Killeen, Acrow chief executive officer, said: "We have great respect for Mabey and the strong business its team has built, and we are excited to bring together the immensely talented Acrow and Mabey teams from around the globe to drive our business to new strata of success."

Acrow has been involved in bridge infrastructure projects in more than 80 countries, covering Africa, Asia, the Americas, Europe and the Middle East.

Mabey has been in business for nearly 100 years, employs more than 600 people and delivers projects from 28 locations around the world.

Read more: Sale unlocks 45-acre site for 345 new homes 

Related Articles

VIDEO: Cheltenham Borough Council spends £37.5million to secure land for Cyber Central Image

VIDEO: Cheltenham Borough Council spends £37.5million to secure land for Cyber Central

The biggest change to Cheltenham since the spa town boom of the 18th century has taken a significant step forward.

VIDEO: 'This is more than a business park, Cyber Central is a  project of national significance' Image

VIDEO: 'This is more than a business park, Cyber Central is a project of national significance'

The Cyber Central plan for Cheltenham has been called a “A project of huge local, regional and national significance” by one of the councillors leading the project.

Where the Cyber Central development will be built and how it will transform Gloucestershire Image

Where the Cyber Central development will be built and how it will transform Gloucestershire

It will have 1,100 homes and lead to new roads and new motorway junctions being built

Former Royal Engineer sent £14,000 drug profits abroad Image

Former Royal Engineer sent £14,000 drug profits abroad

A former Royal Engineer who made money from selling cannabis sent thousands of pounds of his illicit profits abroad to his wife and other people in four countries including two in Africa, a court heard.

Copyright 2019 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.