Scunthorpe-based Humberside Lifting Services has been sold to Bowers & Bowers Holdings.
Originally formed in the 1980s, Humberside Lifting was acquired in 2009, and incorporated the following year, by Malcolm Armstrong, who is now exiting the company.
A specialist in the supply, maintenance and repair of industrial lifting and height safety equipment, Humberside Lifting has an e-commerce platform on which products are for sale or hire, and the company also manufactures bespoke lifting straps.
While Malcolm Armstrong steps away from the company, Andy Bannister, the Operations Director, is staying on. He will help to run, develop and expand the business under the new ownership, which comprises father-and-son duo Malcolm and Ben Bowers, who are experienced in the access industry.
Malcolm Bowers has started, built and sold three access rental companies previously. Although having retired in 2020, he said of his planned involvement at Humberside Lifting: “While family commitments might limit what I can do on site, I will enjoy helping where I can even if it’s remotely.”
The acquirers have purchased the freehold on Humberside Lifting’s premises, which are well suited for expansion.
Ben Bowers said: “We have exciting plans for the business, including ways to improve the level of customer service as well as an improved product range for sale and hire.
“We are pleased the experienced employees will be staying with the business and we will recruit additional team members in due course.”
Will Griffiths, KBS Corporate Transaction Adviser, oversaw the sale of Humberside Lifting. “I’m happy to see the transaction complete and I wish our client, Malcolm Armstrong, all the best for the future,” he said.
Image supplied by KBS Corporate
