NEW ACQUISITION FOR THE TRITON CONSTRUCTION GROUP OF COMPANIES

Triton moves into Liverpool Region with deal worth £10m

Triton Construction has acquired Merseyside’s Remstone Construction in a deal that will take their group turnover to record heights this year.

The Triton group, led by MD Michael Parkinson is confident that with the resurgence in construction following the recent Brexit induced uncertainty, they can double the turnover of the Remstone business within the year to over £10m.

Triton who have been working hard to strengthen their presence in the North West Region, will continue to trade as Remstone Construction. Their first task will be to take on the redevelopment of Speke’s Triumph Way and Innovation Park, developing 10,700 sq ft of office space and 123,290 sq ft of industrial space to support the economic regeneration of the area.

Michael said:

“I am pleased to welcome Remstone Construction into the Triton Family. They have a sound base for future growth and we are confident that with the invigoration of the construction industry we will double the projected turnover of the company within the first year”.

Richard Dears, MD Remstone Properties is delighted with the deal which will allow him to focus on sister company Remstone Holdings;

“Triton have a similar client focussed ethos and energy as our own company, so we’re confident our staff and clients are transferring into very safe hands.”