The former boss of the Dunne Group has secured the MD role at the new Keltbray Structures business.
The new reinforced concrete frame business was launched by Keltbray after it acquired some of the assets from the dissolved Dunne Group.
The Keltbray Structures business is hoped to “complement and expand” the existing portfolio of the group, according to Brendan Kerr, Keltbray Chief Executive.
The new venture will see John Price, Keltbray Managing Director, become Chief Executive of Keltbray Structures, while Dunne Group boss Gordon Dunne will support Mr Price as the new MD of the company.
Andy McClafferty, Keltbray Demolition & Civil Engineering deputy managing director, will become the new chief operating officer of the group.
Kerr commented: “Prior to going into administration, Dunne Group was a leading company in its field and enjoyed a strong reputation as a reinforced concrete frame specialist contractor.
“We believe that Keltbray will benefit from tapping into their capability and this acquisition of some of their assets.”
Kerr believes that with the financial resources behind it, there is significant scope for increasing the service offering and business profitability through the development, which will give them an increased geographical outreach to other parts of the country, particularly Scotland.
Last week, Keltbray completed the acquisition of some of Dunne’s assets from the administrators FRM Advisory after the latter went into administration in July.
Included in the purchase was Dunne’s former yard and head office at Bathgate in Scotland, along with a plant used for the construction of reinforced concrete structures.
Keltbray has not taken over Dunne Group as a going concern, or taken on any of its former contracts with clients, by acquiring some of the Dunne Group assets.
Earlier in the month, Keltbray saved 400 jobs by purchasing the Dunne Group’s assets after the concrete frame contractor’s collapse.