Established in 2016 in Lisburn, Adcrete is the sole distributor of Oscrete products in the Republic of Ireland and Northern Ireland.
Oscrete said that the acquisition would help accelerate its development across Ireland.
鈥淭he addition of Adcrete to Oscrete鈥檚 enterprise offering demonstrates the commitment we have to grow our business in Ireland,鈥� said Oscrete operations director Scott Wilson.聽 鈥淚t is an excellent strategic fit for us and a natural progression that will build on the already strong relationship we have with the Adcrete team.鈥�
Adcrete director Gus Vaughan said: 鈥淚 am confident that this amalgamation will lead to accelerated growth for all stakeholders. We look forward to a strong and successful future together.鈥�
Oscrete, part of the Belgian chemicals group Christyens, claims a 12% share of the UK admixtures market.
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