RK Bell Projects Ltd has successfully secured the majority shareholding in local successful Southwest Surfacing Business, GWorks Surfacing Ltd. The acquisition allows GWorks Surfacing to continue trading following the administration of GWorks Construction Ltd.
The RK Bell Group is a third-generation family run business founded in 1941, suppliers of civil engineering and surfacing throughout the South West of England and Wales.
Nick Bell, Managing Director of the RK Bell Group, said: “I am incredibly pleased to announce this acquisition. We have secured employment for the current staff and will continue to deliver a high-level professional service to the existing client base.”
Nick also acknowledged and thanked suppliers for their ongoing support as it continued to be “business as usual” for GWorks Surfacing Ltd alongside The RK Bell Group.
The acquisition of the majority shareholding in GWorks Surfacing Ltd adds to the extensive remit of RK Bell Projects Ltd and allows both to nurture and build current and new working relationships. It also ensures the security of all jobs and contracts for GWorks Surfacing moving forward.
Michael Watkins, Managing Director of GWorks Surfacing Ltd, said: “Following on from a difficult period due to the administration of GWorks Construction, the acquisition of the majority shareholding in GWorks Surfacing by RK Bell Projects allows us to swiftly return to normal trading, securing all employee jobs. I am excited to work with Nick and his team to further develop and grow the business together.”
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