Joint Managing Directors Acquire Frameclad
Light steel specialist Frameclad, announced that following a transitional period, Joint Managing Directors Nicholas Teagle and Martin Jamieson, have acquired the company from founder Mark Munns and his wife Diane.
Back in 2022 they were invited to become joint Managing Directors as Frameclad’s founder intended to eventually step back from his day-to-day role. During the last two years they have been working collectively to make strategic decisions to ensure a smooth handover of the business.
“We are excited to share the news that this transition is now complete, and we have officially acquired Frameclad,” said Nicholas Teagle. “We have many plans to build on the success Mark and Diane achieved, and we will continue with our long term strategy of ‘investment and innovation’ which is yielding positive results.
“I’m delighted to report that there will be no major changes in Frameclad’s management team, manufacturing output or our procedures. Delivering high quality light steel frame systems, backed by excellent customer service, will remain our priority.”
Martin added: “We would like to thank our team for their incredible support throughout this time. We are proud of the skills and specialisms we have within our Frameclad community and as many know, people are at the very heart of our operation.
“We look forward to growing our relationship with all our clients, partners and suppliers as we continue to deliver cost effective light steel solutions that are designed and manufactured to outstanding building safety standards.”
In line with Frameclad’s strategy, on the back of launching the company’s Lightweight Engineered Adjustable Frame – LEAF, the new owners have purchased a further five cold-roll forming machines and have increased their design and engineering team from 12 to 14.
