Leading traffic management company Amberon has completed the acquisition of Barrier Services Ltd.
Amberon has 22 depots across the country, over 500 staff and an annual revenue in excess of £28m, while Barrier Services Ltd have a reported revenue of £5.5m and employ 40 people.
Amberon has operated in the highways barrier market since gaining its sector scheme approval in 2015 and its depot network in strategic locations provides Barrier Services with the scope to pursue opportunities nationally.
Daniel East, commercial director of Amberon said: 'This is a very exciting time for both businesses with many opportunities ahead, initially we can now offer our clients a one-stop solution for barrier installation, repair and inspection along with the requisite traffic management.'
Managing director, Terry Musson added: 'We have enjoyed a long-standing relationship with Barrier Services and have always recognised them as market leaders in their field. By partnering with Amberon we can form an even stronger bond. We are looking forward to working with Dan Raffles and Neil Amesbury who form a strong management team that we know we can work with too.'
Having led the company successfully for over 30 years, the founders of Barrier Services Ltd, Barbara & Phil Gibson, have taken the decision to exit the business.
Dan Raffles, director of Barrier Services Limited said: 'We are going to miss Barbara and Phil immensely, but initially on a daily basis there will be no obvious changes to either business, with a clear effort to remain focused on the tasks at hand of offering a safe, efficient, highways barrier service to our customers, however, Neil and myself are welcoming the opportunity to expand Barrier Services and work with the team at Amberon.'
