Bryson Reach a Deal with Eurotec Administrators

Bryson, a leading supplier of safety, fixings and protection products to the construction and fit-out industry, have reached a deal with the administrators of highly regarded competitor Eurotec Group Ltd, to acquire certain key assets of the business.This was achieved through a competitive process to ensure transparency and fairness. 

Eurotec, who have been trading for over 20 years, delivered total supply solutions to the construction, fit-out and rail industries. Earlier this year, Eurotec could not continue trading and sadly went into administration, with administrators being appointed to facilitate the process.

Company assets including stock, machinery, graphics, intellectual property, the Eurotec company name and domain and customers have been acquired.But most importantly, Bryson have managed to secure the services of a number of Eurotec staff, including former owner Tony Burrows, former Director Emily Saffill, and a number of senior employees. This bringing together of key people from Eurotec with the Bryson team will assist with the smooth transition of customers.

Commenting on this positive process, Bryson Managing Director Daniel Reiner said: “Eurotec has been a well-respected competitor for many years and it is truly sad to see this happen.

Working with the administrators and key Eurotec management, this has provided an opportunity for greater economies of scale, and further strengthens and enhances the Bryson service offering and product range, as well as adding some key strategic customers to our portfolio.

We’re determined to provide continuity of supply to customers and we want to provide a new home for those staff who have joined the Bryson team.”

Former Eurotec owner Tony Burrows added: “Taking the positives from a difficult and challenging trading period, I’m truly energised and appreciate the opportunity that some of the Eurotec team and I now have with Bryson.”