Caddick acquires assets from failed facade specialist

Caddick Construction has acquired the Speedpanel operation from facade specialist Speedclad which fell into administration in August.
Ten design and senior leadership jobs have been saved as part of the deal which saw the assets secured for an undisclosed sum from administrator Interpath Advisory.
The acquisition includes the manufacturing facility and equipment at Northallerton which will continue to produce Speedpanel while the ex-Speedclad employees will initially be based at Caddick Construc