CHAP Group, the Westhill based construction firm, is delighted to announce that it is expanding its civil engineering operations with the agreement to acquire A&A Civils Limited.
The acquisition is expected to help boost CHAP’s annual revenues to over £80m. A&A was formed in 2018 and has 25 employees.
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.
Hugh Craigie, CHAP Managing Director, said: “CHAP has been impressed with A&A’s recent growth and development and we believe there is a strong strategic fit with our Civils division and the wider CHAP Group.
“Nicol and Euan have clearly demonstrated their leadership abilities, and we are excited about them and the A&A team joining the CHAP family.
“While in many respects it will be business as usual for the A&A team, we believe there are strong synergies that will benefit both businesses, our supply chain and our valued customers.”
Nicol Dow, A&A Civils Managing Director, added: “The A&A team is extremely proud of the company’s catalogue of work and achievements to date. We are pleased this caught CHAP’s attention, leading to an approach with the opportunity to join them.
“Our workforce produces an excellent standard of work, which will only strengthen CHAP’s vision for the future.
“We look forward to A&A’s next chapter as part of CHAP and believe that uniting both companies’ capabilities will benefit our existing client base and alike.”
CHAP Group was advised on the acquisition by law firm Aberdein Considine and accountants AAB.
