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Van Elle buys ScrewFast Foundations for £3.68m | 1 April 2021 - Vimarsana News

Van Elle buys ScrewFast Foundations for £3.68m | 1 April 2021

1 April 2021 | 09:53am StockMarketWire.com - Ground engineering group Van Elle has acquired ScrewFast Foundations for a maximum consideration of £3.68 million and will retain the ScrewFast brand as it positions the business within its specialist piling division. The company said an initial consideration of £1.76 million is payable in cash on completion, with up to a further £1.92 million of deferred and performance-based cash consideration payable in August 2023. All ScrewFast employees, including the entire management team led by managing director Dan Dye, will join the group. Van Elle ch...