NuGen Properties

Alumasc acquisition cleared


ARP gutters

Alumasc announced back in July that it had agreed a £10m deal to take over Aluminium Roofline Products (ARP) and Rainwater Online Holdings from Richard Muddimer.

However, the deal first needed to secure the approval of the Competition & Markets Authority (CMA).

Alumasc has today formally received clearance from the CMA and the transaction is now expected to complete by 31st December 2023.

Alumasc chief executive Paul Hooper said: “This acquisition aligns with our strategy to accelerate our organic growth with earnings enhancing bolt-on acquisitions, and we are delighted that it has cleared its final regulatory hurdle. We are excited about the scaling up opportunities this transaction brings to both companies and look forward to welcoming the ARP team into Alumasc Group.”

Based in Leicester, ARP was established in 1987, and operates from four facilities totalling over 47,000 square feet. It has 70 staff and turned over £11m last year. Alumasc turned over £89m.

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Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Google
Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

Google
NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Google
Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

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Google
Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Google
Great firm to communicate with fast and good quality work.