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Star acquisition takes Altrad into events market

2 Jun 14 Scaffolding firm Altrad Beaver 84 has acquired Star Events Group for a seven figure sum.

Star Events Group supplies temporary structures, staging and rigging services to the events sector, a market that Beaver 84 had been targeting.

Star Events becomes a subsidiary of Altrad Beaver 84 but will stay based at its own Bedford premises.

Star Events director Roger Barrett said: “For some time now we have been aware of the need for substantial investment to ensure our industry leading status. This deal puts us in a position to maintain everything that works so well within the company, coupled with the commercial strength of the Altrad Group.�

Four of Star Events’ management retain their shares in the company and get new job titles: Roger Barrett becomes special projects director; Celine Watson-Lamb is operations director; Pete Holdich is head of structures; and Jane Russen is sales & client liaison executive.

Altrad Beaver 84 managing director Steve Tysoe has taken on the role of managing director at Star Events as well. He said: “This acquisition forms part of our growth strategy in the events sector, which already uses a number of products that are made by Altrad Group businesses.  Star Events’ portfolio of ingenuity, expertise and equipment is unsurpassed and I look forward to helping the company realise its considerable contemporary ambition."

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