Keltbray, a UK-based business, has closed the sale of its infrastructure services arm to global private equity company EMK Capital for an undisclosed amount.
The move aligns with Keltbray’s strategic refocusing on its primary sectors within the construction industry.
The transaction equips the sold division, known as Keltbray Infrastructure Services Limited (KISL), with the resources and expertise from EMK Capital to pursue expansion and enhance service offerings.
KISL CEO Darren James said: “On behalf of the entire KISL business, I’d like to place on record our sincere thanks for the support we have received from Brendan [Kerr, Keltbray owner] and the Keltbray Group over the last 15 years which has been instrumental. Together with the management team, I am very excited to partner with our new owner EMK Capital and deliver on KISL’s full potential.”
This divestment sharpens Keltbray’s concentration on its core competencies in civil engineering and the built environment.
It also resonates with the company’s strategy for diversified growth and specialisation.
The company’s leadership, including CEO Vince Corrigan, will support this strategic direction, with Kerr maintaining sole ownership of Keltbray.
Kerr said: “This decision aligns with Keltbray’s long-term strategy to hone our focus on key business areas, allowing us to reinforce our commitment to excellence in the specialist engineering sector. Now is the right time for KISL to transition to a new owner and start a new chapter in its successful growth story.”
Post-sale, Keltbray will continue to offer a range of specialist engineering services, backed by its internal Design and Plant divisions.
The agreement stipulates a future rebranding for KISL to reflect its new ownership and strategic path.
“Keltbray divests infrastructure services arm to EMK Capital ” was originally created and published by World Construction Network, a GlobalData owned brand.
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