Keltbray Limited announces that it has completed its acquisition of the business assets and current contracts of Pectel Group from the administrator Zolfo Cooper.
The Pectel Group is recognised as a highly capable service provider within the asbestos removal industry, and this enables the company to undertake a wide range of projects. The Pectel Group has evolved into a business that manages the removal of a range of other hazards, such as lead and radiological, as well as chemical and biological contamination.
The former business of the Pectel Group will operate as a division of Keltbray Limited under the trading name of Pectel. Keltbray Limited is in contact with Pectel Group clients and will complete all current contracts, and look forward to expanding the business with the support and resources the Keltbray Group can provide.
Keltbray Group Managing Director Brendan Kerr commented: “To continue the successful growth of the Group, Keltbray has begun a process of change through our investment in the business and in people, and capitalising on opportunities to acquire assets that provide an opening for developing the business in these challenging times; our aim is to grow Keltbray to provide a wide-ranging nationwide service. We are delighted therefore to secure the immediate future of the Pectel business by retaining the current 250 employees to ensure there is continuity in delivery, and that the transfer of ownership is a seamless one for employees and importantly clients.”