The deal will see all GRCUK’s 38 staff transfer over to O’Rourke.

GRCUK is one of the country’s leading specialists in bespoke architectural glass reinforced concrete.

It originally focused on the house building sector. But the erosion in the traditional pre-cast concrete architectural cladding market has seen the firm grow into a top three manufacturer and supplier to the UK construction industry on major projects.

O’Rourke said the deal will strengthen its manufacturing portfolio and allowing the Group to deliver specialist engineering contracts that require complex spray process GRC on large building and infrastructure projects.

Russell Kellett, Head of Manufacturing said: “The addition of GRCUK is a step forward in our Design for Manufacture and Assembly approach, giving Laing O’Rourke a well structured and financed organisation that is positioned strongly in the UK market to secure a large proportion of the GRC-specified work currently being tendered and awarded.

“As an established business with a proven record, a good order book, fully equipped factory with great transport links, and a committed workforce, I believe this acquisition will enable us to tap into new areas of the market to develop a lightweight cladding product.

“With the financial resources of the Laing O’Rourke Group behind it, there is considerable scope for increasing the profitability of the business through the significant operating synergies we see with our core construction and infrastructure delivery business units.”