Home Finance & Investments Bradford manufacturer increases Northern Ireland distributor shareholding

Bradford manufacturer increases Northern Ireland distributor shareholding

Oscrete director Scott Wilson (centre) marks the company’s 90% Adcrete share holding with Adcrete directors Gareth Vaughan (left) and Johnny Mooney

Concrete admixture manufacturer Oscrete is finishing 2023 with further growth and an increased shareholding in its Northern Ireland division, Adcrete.

Oscrete is one of the UK’s leading specialist construction chemical suppliers which manufactures and supplies a range of concrete admixtures for precast and ready-mix concrete and the ready-to-use mortar industries.

The Bradford-based business has increased its client base by more than 12% in 2023 and recently completed a deal to secure a 90% shareholding of its official Northern Ireland-based distributor, Adcrete.

Oscrete’s 2024 strategic growth plan “involves both live and planned conversations around future acquisitions,” says Director Scott Wilson, who added: “Our growth and turnover in Ireland has increased by 200% in the last four years and this growth serves to support the wider business operation throughout the UK.

“The strengthened Oscrete business model and presence in Ireland will ensure the team has the infrastructure and the expertise to become the leading supplier of concrete admixtures and additives in the country.”

Oscrete was formed in 1983 when new markets were found for the oil and surfactant products made by its former parent company and laundry detergent manufacturer, Christeyns. Oscrete rapidly developed products for precast concrete, ready-mix concrete and mortar, leading to the growth of the brand as a specialised, high performance concrete admixtures producer.

In 2004 Oscrete launched Osperse performance additives (OPA) to facilitate its growth as a leading supplier of speciality additives for use in the manufacture of dry silo mortars and dry bagged products, while 2016 marked the formation of Adcrete Ltd, the sole Irish distribution partner for Oscrete admixtures and additives.

Adcrete was acquired by Christeyns in 2018 further strengthening the company’s ambitious plans for the Oscrete brand in the construction industry.

Scott added: “In 40 years we’ve gone from being a small part of a bigger business specialising in laundry detergent chemicals to a standalone business which, in 2022 declared a new chapter of independence giving us the flexibility to focus entirely on core market supply, customer service and new product development.

“Our success in Ireland reflects our continued growth in the UK markets, shown through our increase in customers and the expertise of our team, which has seen seven new appointments since the start of 2022.”