Statom reports that it now has more than ₤ 14m worth of Peri systems in its stock.
Based in West Thurrock, Statom provides property and industrial foundations jobs, concrete foundations and superstructures for house-builders and business designers. The financial investment in formwork and scaffolding is created to assist the business handle bigger and more complicated structures tasks along with its strategies to broaden into brand-new areas throughout the UK.
Handling director Stan Nikudinski described, “The top quality and structured style of Peri systems was the primary chauffeur behind our choice to invest. The chosen items boost our capability to provide, even on tasks with detailed requirements or complicated logistical difficulties.”
Statom utilized to be called Gears– Groundsure Enabling & & Remediation Services– till October 2020. The rebranding followed a modification of ownership previously that year, with Bulgarian Stan Nikudinski and his service partner Tommy Brown taking over from creator Andy Frankis. They have actually given that grown yearly turnover from ₤ 38m in 2020 to ₤ 113m in 2022. In spite of investing ₤ 7m in plant and equipment in 2022, it still made a pre-tax earnings of ₤ 7.4 m that year.
In 2023 it invested ₤ 6m in Comansa tower cranes and after that in December 2023 it got Trident Lifting Solutions, a ₤ 19m-turnover tower crane management professional.
Got a story? Email news@theconstructionindex.co.uk