The acquisition of Gripfix will help Soprema Group to strengthen its presence in the Irish market and improve its portfolio of solutions for the construction sector.
The final paperwork for the acquisition was signed by Dave O'Loughlin and Thomas O'Loughlin of Gripfix Ireland, along with Leo Hoekstra and Richard Crocker representing Soprema Group and Soprema Ireland.
Headquartered in County Meath, Gripfix has a track record of high-quality products and services and has become a trusted partner for construction projects throughout Ireland.
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With a history dating back to 1908, Soprema Group is committed to excellence, sustainable practices, and cutting-edge technology in the construction industry.
Leo Hoekstra, CEO of North Europe at Soprema Group said: "We are thrilled to welcome Gripfix into the Soprema family.
"This acquisition aligns with our strategic vision of expanding our global reach and offering a comprehensive range of high-quality solutions to our customers. Gripfix's expertise and reputation in the Irish construction market make them an ideal addition to our growing family of companies."
The finalisation of the acquisition marks a milestone for both companies and signifies a commitment to growth and collaboration in the construction industry.
Dave O’Loughlin and Thomas O’Loughlin, founders of Gripfix Ireland Ltd, stated: "We are excited to join forces with Soprema Group, a company known for its global leadership and commitment to excellence. This collaboration will undoubtedly bring new opportunities for innovation and growth, benefiting our customers and the construction industry as a whole."
