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Feb 2022
26 jobs saved with acquisition of Ripon firm Ebor Concretes
A total of 26 jobs in Ripon have been saved by the acquisition of troubled company Ebor Concretes.
The firm, which was founded in 1942 and is based at Ure Bank Top, went into administration late last year.
But it was announced today that Nottingham firm JP Concrete Products had acquired it.
Philip Cavalier-White, director of JP Concrete Products, said:
Leeds-based, Armstrong Watson’s restructuring and insolvency partners Rob Adamson and Mike Kienlen assisted with the accelerated sale of the business.
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In a statement today, Armstrong Watson said it worked in conjunction with BPI Asset Advisory to find two bidders keen to proceed with the acquisition. It added that 'everything was heading in the right direction until the end of November, when the director unexpectedly passed away'.
However, the deal has now been finalised.
Mr Adamson said:
Ebor Concrete, which designs and manufactures precast concrete products for UK structural and civil engineering construction projects, previously entered administration in 2019 with the loss of 30 jobs.
JP Concrete Products has been supplying precast concrete products to the construction and agricultural markets since 2007 and has sites in Nottingham, Devon, East Sussex, Liverpool and Yorkshire.
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