New Guard acquires Arcon Supplies
Protective coatings distributor New Guard Coatings Group has acquired a building materials supplier as it looks to ramp up its national coverage and increase growth.
The Wetherby-based business has snapped up Arcon Construction Supplies with immediate effect.
Ben Cooper, managing director of New Guard Coatings, said: “We’re very excited to welcome the Arcon team into the NGC Group family. They have all been with the company for a long time and have the same ethos and values that we already hold around the group.”
Arcon is based in Cheshire and provides concrete repair products, screeds and floor paints and coatings.
New Guard Coatings operates in a variety of different industries ranging from oil and gas to steel fabrication. “Arcon gives us access to markets and products which complement our current offering,” Mr Cooper said.
Arcon will keep its own branding and identity, as with previous takeovers involving New Guard Coatings.
Ian Beswick, managing director of Arcon, said: “We are really happy to become part of the New Guard Coatings Group, who with their proven track record, can ensure the business continues for the staff and customers alike whilst also providing exciting opportunities for the future.
With a deal being in the pipeline since May, this has been a straightforward process, which is a credit to both parties and the esteem that we hold each other’s businesses in.”