MBS specialises in developing and producing precast elements.
The transaction includes the 13 people employed by the business as well as the property, work in hand, plant and equipment.
BAM said tha it sees insufficient opportunities to develop the activities of the precast production yard and considers its added-value to be limited. The sale is part of the current organisational streamlining that BAM is implementing through its ‘Back in Shape’ programme.
Got a story? Email news@theconstructionindex.co.uk