Exmet have announced the acquisition of some trade and assets of Cheshire-based wall tie company Powerplace Ltd from administrators.
Powerplace Ltd supplies wall ties and galvanised/stainless steel fixings to the UK’s builders merchants market.
“This new range of wall ties is a perfect addition to the products already sold within the group”, says managing director, Nigel Dickinson, “and will provide Exmet customers with a more comprehensive range of products to choose. It also forms the next stage in our plans to become the industry leader and ‘supplier of choice’ to all the major builders’ merchants and DIY retail outlets in the UK.”
Exmet will incorporate Powerplace’s manufacturing and operations activities into the Hartlepool site alongside the group’s other two brands, Expamet Building Products and Metpost. The company intend to re-launch the Powerplace wall tie range as ‘Expamet power-tie’.