Site products supplier Bryson buys rival from administrators

Grant Prior 3 years ago
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Construction safety, fixings and protection products supplier Bryson has reached a deal with the administrators of  competitor Eurotec Group Ltd to acquire certain key assets of the business.

The £14m turnover Eurotec Group went into administration earlier this month after more than 20 years in business.

Bryson has now acquired its assets including stock, machinery, graphics, intellectual property, the Eurotec company name and customers.

Bryson haa also taken on a number of Eurotec staff including former owner Tony Burrows and some senior employees.

Managing Director Daniel Reiner said: “Eurotec has been a well-respected competitor for many years and it is truly sad to see this happen.

“Working with the administrators and key Eurotec management, this has provided an opportunity for greater economies of scale, and further strengthens and enhances the Bryson service offering and product range, as well as adding some key strategic customers to our portfolio.

“We’re determined to provide continuity of supply to customers and we want to provide a new home for those staff who have joined the Bryson team.”

Former Eurotec owner Tony Burrows added: “Taking the positives from a difficult and challenging trading period, I’m truly energised and appreciate the opportunity that some of the Eurotec team and I now have with Bryson.”

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