Steel importer and stock holder COBI established by chief executive Chad Ward three years ago bought the Suffolk manufacturer from Canadian steel giant Canam Group.

It complements Ward’s growing portfolio, which saw him buy lightweight structural steel contractor MLB Steel, formerly Metsec Lattice Beams last year.

Ward said: “Our vision as a group of companies is to provide the very best end-to-end service and highest quality product portfolio to the UK construction industry.

“Our continued commitment to invest in our portfolio and client services will ensure our customers across the group have access to a full range of products and cost-effective solutions for all their construction requirements under one group of companies.”

A new general manager Damien Hartshorne, previously of Rapid Metal Deck, and new sales manager, Matt Hickman, previously of Albion Sections, have both been appointed to help strengthen the existing operational staff who will remain in place.