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Portakabin scoops up £80m-turnover healthcare specialist

by Editor
April 21, 2023
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Portakabin scoops up £80m-turnover healthcare specialist
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Portakabin-2-Royal-Stoke-University-Hospital-Theatre.jpg

Operating theatre in a Portakabin-built modular building at Royal Stoke University Hospital

Portakabin has bought modular healthcare builder that turned over £80m in 2022.

Portakabin, which specialises in modular building, did not disclose how much it paid the Telford-based Darwin Group, but said the acquisition will help it to expand into the healthcare sector and offer “significant benefits to healthcare providers across the UK”.

Darwin has around 200 employees and represents a “highly strategic acquisition” for Portakabin, the latter said. Portakabin itself is based in York and turned over £355.9m in the year to 31 December 2021.

“[The acquisition] closely aligns with the pursuit of the longer-term strategic growth ambitions for Portakabin and directly serves to address the growing demand for high-quality temporary and permanent building solutions across Europe,” Portakabin said in a statement.

Portakabin chief executive Dan Ibbetson said: “This union between two of the most respected offsite modular builders in their respective fields is an exciting development for both Portakabin and Darwin Group.

“We are both passionate about providing the healthcare sector with the most comprehensive range of market-leading products and services, particularly given the considerable pressures on our healthcare professionals today.”

Darwin chief executive Richard Pierce said: “An incredibly strong culture runs through the DNA of both businesses, and our commitment to delivering quality healthcare facilities allowing clinicians to enhance patient care makes this a natural fit.”

Modular construction has become highly sought-after within the healthcare sector as it is viewed as a way of increasing safety on site, completing jobs more quickly and reducing carbon during construction work.

The government is also seeking to increase modular construction across public spending – with both Darwin and Portakabin already included on a Crown Commercial Services framework for modular healthcare buildings.

In January, offsite modular specialist Merit announced a 4,000-square-metre expansion of its North East manufacturing plant, while fellow modular specialist M-AR announced plans to scale up its production last November.

Subcontractors and other specialists across the UK have until 28 April to submit their entries for the 2023 CN Specialists Awards!

Entrants will be judged on their achievements between January 2022 and April 2023. There are 21 categories to enter, chosen to showcase the incredible breadth and depth of talent across the UK’s construction supply chain.

Written entries will be carefully examined by an extensive panel of expert judges during May, with shortlisted entrants invited to present their work to the judges face-to-face in June.

Winning entrants will collect their accolades at a black-tie celebration dinner, to be held at the Hilton London Metropole on 7 September.

Visit the CN Specialists Awards website for further details and to enter now.

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Portakabin, a leading specialist in off-site construction, has acquired UK healthcare provider Acute Care Solutions (ACS), the business has announced.

The move marks a significant milestone in Portakabin’s ambition to become a major player in the healthcare sector. It is the first acquisition for Portakabin in its 54-year history and takes the company’s turnover to more than £80m.

ACS’s strengths have been in delivering projects on time and on budget for healthcare providers in the private, public and charity sectors. Founded in 2012, the business has grown rapidly and now employs more than 90 people in offices across the UK.

Portakabin hopes to build on the expertise and reputation of ACS to help healthcare providers find cost-effective solutions to their healthcare infrastructure requirements.

The move follows an extensive period of planning and research by Portakabin, which identified healthcare as a key growth market.

Commenting on the acquisition, James Hook, Managing Director of Portakabin said: “This is a hugely significant development for us and one that we deeply believe has the potential to enable us to become a major player in the health care sector.”

“The expertise, experience and reputation of ACS make it an invaluable addition to our portfolio and one that will help us to accelerate our growth plans by providing us with an important entry point into the healthcare sector.”

The two companies will now develop a comprehensive product and service portfolio, offering a wide range of solutions for health care providers.

With more than 220 branches across the UK and Ireland offering support for sales, installation and maintenance, Portakabin is well-positioned to become a major provider of healthcare solutions.

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