Staircraft form strategic partnership with Travis Perkins
Travis Perkins and Staircraft are pleased to announce they have formed a strategic partnership for the supply of integrated building solutions to the house building sector. As part of the deal, Travis Perkins has invested in Staircraft in return for a minority stake.
Staircraft is the UK’s market leading provider of staircases to the major national home builder. Established 30 years ago by Andrew Hamilton, the business now manufactures over 700 staircase units per week from two state of the art facilities in the Midlands. As a result of its innovative approach, the Company has recently invested over £2 million in a third facility to increase its capacity in providing new, integrated solutions to its customers at the first fix stage, addressing the demand for more rapid build technologies and off-site capability, leading to greater efficiency, reduced waste and reduced overall build cost.
Andrew Hamilton, Founder and Managing Director of Staircraft said “The new relationship with Travis Perkins will enable the Company to rapidly expand our current business and enter new markets that complement our manufacturing skill set and our place in the build cycle. Travis Perkins were identified by our team as a potential supply channel partner for Integrated Solutions, and we are very pleased that ongoing discussions have culminated in this strategic partnership. The relationship will accelerate our original product expansion plans and help us leverage scale and product supply advantages, that will enable us to continue to deliver consistent high volume, lean manufactured building products to our customers.”
John Carter, Chief Executive of Travis Perkins, added “As part of a continued strategy to identify and partner with key building product or system suppliers which are critical to the build cycle, Travis Perkins recognised Staircraft’s innovative approach and class-leading efficiency in manufacturing. The Company provides a natural partner to Travis Perkins, backed by the strategic investment, combining building products and services to offer our mutual customers a complete solution. We are proud to be associated with Staircraft and look forward to working with Andrew and his team.”
Andrew Hamilton will continue to drive the business forward along with his management team. Mark Newman, Travis Perkins’ Sales Director, will join the management of Staircraft to ensure a close working relationship for our major customers, together with Frank Elkins, CEO of Travis Perkins’ Contract Merchanting Division.
Travis Perkins is the largest supplier of materials to the building and construction market in the UK. It is a FTSE 100 company operating 18 industry-leading brands, more than 1,900 sites and 24,000 colleagues across the UK and Ireland.