William Hare Group Expanding through Acquisitions and Ventures

The William Hare Group is a company that's been making waves in the industry through strategic acquisitions and ventures. Founded in 1998, the group has been steadily growing its presence in the market.

One of the key factors behind their success is their ability to identify and capitalize on emerging trends. They've been actively involved in the construction sector, with a focus on delivering complex projects.

The group's commitment to innovation is evident in their approach to construction, which involves the use of cutting-edge technology and techniques. This has allowed them to deliver high-quality projects on time and within budget.

Their focus on innovation has also enabled them to expand their services to include specialist engineering and fabrication.

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The William Hare Group is a global player, with a presence in over 50 countries around the world. This extensive reach allows them to tackle projects of all sizes and complexities.

With offices, operations, agents, and clients spanning every corner of the globe, William Hare is well-equipped to handle diverse challenges. From extreme climate conditions to country-specific certifications, they've got the expertise to manage it all.

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Their steel fabrication facilities are located in the UK, including sites in Bury, Scarborough, Newport, Rotherham, Thorp Arch, and the United Arab Emirates. They also have a coatings site in Grantham and a plant in Derby that manufactures cold-formed steel components and engineered timber/hybrid structures.

A significant proportion of their staff are employed at overseas subsidiaries and branches, reflecting the company's commitment to global growth.

The William Hare Group is a well-established company with a strong focus on business operations. They have a presence in the UK and Ireland, with a large workforce and a wide range of services.

Their business operations are built around a strong management structure, which allows them to deliver high-quality services to their clients. This structure includes a team of experienced professionals who oversee various aspects of the business.

The company's commitment to quality and customer satisfaction is evident in their rigorous quality control processes, which ensure that all work meets the highest standards.

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William Hare Group returned to profitability last year after boosting turnover by 27 per cent.

Their audited financial results for 2023 showed a revenue rise of £67.2m to £315.5m, generating a pre-tax profit of £5.8m.

The firm's strong balance sheet has substantial headroom against banking and insurance guarantees.

This financial stability is attributed to their prudent approach over the years, according to group chief executive and chair Sue Hodgkiss.

William Hare's revenue increase was driven by a resurgence in international markets, as well as further growth in the UK.

The firm's order book is now in its best shape ever, giving them much optimism for the future.

William Hare ended 2023 with £27.4m of cash at hand, up from £20m the year before.

They declared a dividend of £2.2m and held no bank loans or overdrafts.

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William Hare Group has a history of strategic acquisitions and new ventures, which have significantly contributed to its growth and success. The company acquired California Engineering Company Ltd, including Bury works, in 1977.

In 1997, William Hare Group expanded its operations by acquiring the assets of Hawkins Structures Ltd, including the Dunslow Road facility. This acquisition marked a significant milestone in the company's expansion plans.

William Hare Group also acquired Westbury Tubular Structures Ltd, including premises at Thorp Arch, and the intellectual property of Richard Lees Steel Decking Ltd from Skanska Construction UK Ltd in 2013.

Here is a list of some of the notable acquisitions made by William Hare Group:

These acquisitions have enabled William Hare Group to expand its product offerings, improve its operational efficiency, and enhance its market presence. The company's ability to adapt and evolve through strategic acquisitions has been a key factor in its success.

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The William Hare Group has achieved numerous milestones, earning them recognition in the industry.

They were appointed as the main contractor for the Royal Infirmary of Edinburgh's £150 million redevelopment project.

Their expertise in delivering large-scale projects has been acknowledged by the industry.

They successfully completed the project on time, meeting the client's expectations.

Their commitment to quality and safety has earned them a reputation as a reliable contractor.

The William Hare Group has received numerous awards for their work, including the Scottish Building Federation's Award for Excellence.

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