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Tuesday, May 21, 2024

R&W Civil Engineering becomes part of Octavius

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Transport infrastructure provider Octavius Infrastructure Ltd (Octavius) has completed the purchase of the business assets and most of the customer contracts of R&W Civil Engineering Limited and R&W Limited (R&W).

This move marks a significant milestone for both companies and reinforces Octavius’s commitment to growth and market leadership.

Completed following detailed negotiations and extensive due diligence, the acquisition aims to ensure, wherever possible, continuity for R&W employees, customers, and supply chain alike. Octavius is committed to ensuring a smooth transition for all, minimising disruption as far as is possible.

Commenting on the purchase, John Dowsett, CEO of Octavius said: “R&W is an organisation that we had identified in our acquisition strategy some time ago as a great fit both culturally and in terms of their complimentary capability. Securing this acquisition supports our ambitious growth plans to become a market leading transport infrastructure provider. Whilst we would clearly like to have taken over the business in different circumstances, we are delighted to be able to step in to support existing Customers and protect people’s livelihoods.

“The combined offering of Octavius and R&W has the capability to both self-deliver and integrate an SME supply chain to deliver a broad range of highway and civils projects for a variety of customers; from small reactive responses to large major projects, regionally and nationally, safely delivering these with a consistent collaborative approach that is underpinned by our aligned core values.”

Image credit: istockphoto.com

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