7 days ago
Bradford-based Oscrete acquires waterproofing specialist PUDLO
A Bradford-based concrete admixture firm has acquired a waterproofing specialist, in what a spokesperson called "a strategic move to diversify and strengthen" the business.
Oscrete has acquired Peterborough-based PUDLO, which works in structural waterproofing and gas protection systems.
Scott Wilson, director at Oscrete, said: "The acquisition of PUDLO aligns with Oscrete's long-term strategy of sustainable growth through innovation and strategic partnerships.
"It is a significant milestone for Oscrete, and reinforces our commitment to delivering innovative, high-quality solutions to the construction sector.
"PUDLO's product range will complement and enhance our current portfolio of concrete admixtures and open new doors to new market segments and regions, broadening our customer base and reinforcing our position in the construction industry.
"Our acquisition of PUDLO marks a new chapter in our company's business.
"The strengthened Oscrete business model and presence across the UK construction sector ensure this team, and this business, have the infrastructure and the expertise to become the leading supplier of high-performance concrete admixtures and additives in the country."
PUDLO's waterproofing systems are currently specified in more than 120 active construction projects across the UK.
The company has provided support and materials for such constructions as the National Gemstone Centre (in Derbyshire), the YAS Marina Viceroy Hotel (in Abu Dhabi), and "the world's tallest dancing fountains" (in Dubai).
PUDLO was acquired in 2024 by Malcolm Thornton, managing director of UK Property Repair Group.
Mr Thornton identified the company as a complement to his existing business, Preservation Treatments Limited, and supported its growth into 2025.
UK Property Repair Group will retain a 25 per cent shareholding in PUDLO.
Mr Thornton said: "Oscrete is well-positioned to take PUDLO to new heights, leveraging their expertise and resources, and enabling both operations to offer a broader spectrum of concrete admixture solutions, while expanding their customer base throughout the United Kingdom and Ireland.
"As well as retaining a 25 per cent shareholding for UK Property Repair Group, we are looking forward to continuing the strong trading relationship between Preservation Treatments Limited and PUDLO as we move into this exciting new chapter."
Oscrete was formed in 1983.
In 2004, the company launched Osperse Performance Additives.
Adcrete Ltd, the Northern Ireland distribution partner for Oscrete admixtures and additives, was formed in 2016.
Oscrete was advised on the acquisition of PUDLO by Rob Burton at Castle Square Corporate Finance, and Amy Pierechod at Gordons LLP.
