Alcumus’ health and safety arm gets rebrand following buyout
THE health, safety and environmental consultancy arm of risk management solutions business Alcumus has been acquired in a management buyout.
The deal for the Nantgarw-based business, the value of which has not been disclosed, has been supported with financial backing from Ultimate Finance. Supporting legal advice was provided by GS Verde Group.
Following the deal, the business has been renamed Ligtas. As well as its Nantgarw operation, the business has a sister site in Huddersfield, West Yorkshire.
The team is lead by manufacturing and professional services sector expert Shaun Ashmead as managing director, with Alexis Vranch as finance director and Simon Jones as technical director.
Mr Ashmead is the former managing director of Blackwood-based contract electronic manufacturing firm Axiom.
The deal will enable the current management team, which collectively has nearly 70 years’ experience in health, safety and environmental risk management, product testing and compliance and technical training, to focus growing the business.
Ligtas will continue to provide consultancy and risk management systems, services and training to organisations operating in the property management, financial services, healthcare, retail, consumer and business and wider industry sectors.
The company, which currently employs 71, will also look to grow its products and services in key areas such as construction and manufacturing.
Mr Ashmead said: “The UK health, safety and environmental risk market continues to grow.
“By offering solutions and services designed to meet the needs of our customers, we are confident that Ligtas can take advantage of this growth whilst focusing on additional opportunities in the construction and manufacturing sectors.
“Having worked in both manufacturing and professional services including Ligtas’ previous owner Alcumus for several years, I believe this management team makes us well-placed to take advantage of these opportunities to add value to our customers – specifically enabling them to provide safe, healthy environments for all.”
Chief executive of Alcumus, Alyn Franklin, said: “The sale of our consultancy and training division is part of our ongoing strategy to make Alcumus the leading supplier of software-led risk management solutions.
“Having worked with many colleagues in this part of the business for a long time, this decision will give the Ligtas management team the scope to grow the business.
“It was important for Alcumus to ensure that the business was handed over to a highly experienced management team and employees that understand the business inside out.”