Acquired by Ancon, Isedio perfectly positioned for future growth.
Isedio is pleased to announce that it is now part of the Ancon group of businesses. This change of ownership will allow Isedio’s local entrepreneurship to benefit from large company resources and new international routes to market, while for Ancon this acquisition expands its product portfolio and strengthens the company’s position in key territories.
Ancon designs and manufactures a wide range of high integrity steel products for the construction industry from facilities in the UK, continental Europe, Middle East, Australia and New Zealand and has a network of distributors worldwide. With operations in the UK and Australia, Isedio complements Ancon’s product portfolio and manufacturing footprint perfectly. The existing management team will remain in place at Isedio’s facilities, and will continue to handle the day-to-day business operations. Isedio’s founder, Shaun Spurrell, who now takes up the role of General Manager, said:
“This is fantastic news for Isedio’s employees and customers. We are now an integral part of an international construction accessories group that is committed to supporting our growth plans and will ensure we reach our full potential. The Ancon group will bring immediate operating benefits and secure the long-term development of the Isedio business. I’m delighted that this process is now complete and that the business can move forward with renewed purpose. In the short-term, our customers can be assured that it is ‘business as usual’ at Isedio. The immediate priority for the team is to continue to provide high quality products backed by the first-class technical support and service that the market expects from us”.
Ancon’s Managing Director, Peter McDermott, said:
“I would like to welcome the Isedio team to the Ancon group. While initially it’s ‘business as usual’ for everyone concerned, being part of Ancon will ultimately ensure continual investment in health and safety, innovation and sustainability that will benefit Isedio’s employees and customers.”