Expanding structural steel specialist Embrace Steel has strengthened its management as it sets course to double in size within two years.
Investor group Embrace entered the steelwork sector two years ago after buying North Yorkshire steel designer and fabricator Hambleton Steel.
Since revenue doubled to £27m, a record annual turnover for the business.
Last month Embrace continued on its expansion path snapping up South Wales steel fabricator Shufflebottom, taking the Embrace Steel group to £55m revenue.
The group senior management team now has been rejigged with the appointment Matt Gibson, former Hambleton finance director, as its new chief operating officer.
He has been tasked with cementing Embrace’s position as one of the major players in the constructional steel sector with plans to achieve a group revenue of over £100m within the next two years.
Dominic Curnock, co-founder and director at Embrace, added: “We have seen first-hand Matt’s dedication to pursue excellence across all aspects of Hambleton Steel which was clearly evident in not only the stellar financial results he produced but the culture he created throughout the business.
“We’re now looking forward to seeing Matt share his unique expertise across the Group and, in the process, enabling Embrace to become one of the UK’s leading structural steelwork businesses.”
