Bufab has
entered into an agreement to acquire 100% of the shares in D.C. Handrails and Ironwork
Parts Limited (“DC Iron”), a UK based distributor of iron work parts with net
sales of GBP 14.8 million in 2025 and operating profit margin significant above
Bufab’s profitability target. The acquisition is line with Bufab´s strategy of
acquiring profitable companies in attractive niches within C-parts and
technical components.
DC Iron is
a distributor of wrought iron components, key clamps, handrailing and fencing
for fabricators, engineering companies, and building contractors across the UK.
The company has a broad product range, low customer concentration with end
customers in segments such as infrastructure, public indoor and safety. DC Iron
has in recent years achieved excellent growth and profit. The company is based
in Newcastle upon Tyne and has 40 employees. Seller is DC Iron´s founder Dave
Collins, his wife Sandra Collins and son, Scott Collins who will remain as Managing
Director.
“I am
pleased to announce the acquisition of DC Iron. The company operates in an
attractive and resilient niche market with a broad and multi-faceted product
range that spans across many applications and a business model similar to
Bufab’s. We welcome Managing Director Scott Collins and the DC Iron team to
Bufab and look forward to support them in their continued growth journey” says
Johan Sandberg, Group Director Region UK & Ireland.
“We are
pleased to become part of Bufab. Throughout this process, Bufab demonstrated a
clear strategic vision and a strong appreciation for our culture, our people,
and the relationships we have built over the years. I believe that being part
of Bufab will provide opportunities to further develop the business, expand
into new markets, and continue creating value for our customers and employees.
I would like to thank our employees, customers, suppliers, and advisers who have
supported us throughout this journey. This transaction represents not an
ending, but an exciting new chapter,” says Dave Collins.
“We are
delighted to become part of Bufab and I look forward to leading DC Iron through
its next phase of growth,” says Scott Collins. The acquisition agreement was
signed today, and the acquisition is expected to be completed during July 2026.
DC Iron will be reported within Bufab’s region UK & Ireland and is expected
to have a marginal but positive impact on Bufab’s earnings per share during
2026.
As an
effect of the acquisition, the adjusted net debt, of Bufab increases to
approximately MSEK 2,930 compared to the net debt level at the end of March
2026, all else equal.
For
further information, please contact:
Marcus Söderberg
CFO
+46 370 69 69 00
marcus.soderberg@bufab.com
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