Overcast

Overcast

max temp: 17°C

min temp: 12°C

ESTD 1874 Search

Earls Colne-based civil engineering firm CA Blackwell sold to Hargreaves Services for £11.85m

12:23 25 January 2016

David Wisbey of Essex law firm Birkett Long.

David Wisbey of Essex law firm Birkett Long.

Archant

Essex-based earthmoving and civil engineering firm CA Blackwell Group Ltd has been acquired by national operator Hargreaves Services plc in a deal valued at £11.85million.

Blackwell, which will continue to operate under its current nameas the new civil engineering division of Hargreaves, has a 50-year history in the earthmoving and civil engineering arena and also operates a number of mining and quarrying services contracts.

Hargreaves, which is based near Durham, said the integration of Blackwell created “new and exciting opportunities to deploy one of the largest heavy-plant fleets in Europe within a large and well-funded group”.

The shareholders of Blackwell, which is based at Earls Colne, near Colchester, were advised on the sale by Essex law fir, Birkett Long.

David Wisbey, chairman of Birkett Long and a member of the firm’s commercial and corporate finance team, began working on the sale to Hargreaves – a leading UK supplier of solid fuels and bulk material logistics – in July last year.

He said: “Birkett Long has advised Blackwell and its shareholders for many years. We are pleased to be able to assist them with their successful exit from the business and wish the group future success under its new ownership.”

Caroline Kemp, granddaughter of the founder Christopher Arthur Blackwell, said: “Birkett Long has, for many years, been advisers to both the company and the family. T

“They have always provided us with a professional and efficient service. In this instance, they have worked tirelessly to deliver within the timescales set out and David, along with his team, have been a pleasure to deal with.

She added: “The shareholders are extremely proud of all that Blackwell has achieved for more than 50 years. The group has continued to grow and diversify and deliver its expertise in both earthmoving and civil engineering sectors.

“The time was right for the family to dispose of its shares as we had not been directly involved in the company on a full-time basis for many years.

“We feel certain that the sale to Hargreaves is right for the company and all its employees.

“We hope that together they will move the business forward and offer each other many opportunities in the process.”

CA Blackwell was established in 1956 and, besides its headquarters in Coggeshall Road, Earls Colne, has regional offices in the Midlands, the North of England, Wales and Scotland.

Birkett Long is a full service law firm with 22 partners, operating from offices in Chelmsford, Colchester and Basildon.

Search hundreds of local jobs at Jobs24

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Wolseley is to axe around 800 jobs.
Photo: Anna Gowthorpe/PA

Plumb Center owner Wolseley is set to axe up to 800 jobs as part of a restructuring that will see it shut 80 branches and a distribution centre.

Big Wave PR and Remembrance Travel receiving their gold award at the  Anglia, Thames and Chiltern PRide Awards.

PR professionals from Essex and Suffolk have been celebrating a string of successes in the Anglia, Thames and Chiltern regional round of the Chartered Institute of Public Relations’ annual PRide Awards.

Suffolk Business Ambassadors on their tour of the Port of Ipswich.

A group of Suffolk business leaders who have accepted the challenge of encouraging more inward investement in the county have been given a behind-the-scenes tour of the Port of Ipswich.

The 2015 Menta Trade Fair at The Apex in Bury St Edmunds.

With just a few days until the Menta Trade Fair on Tuesday, October 4, plans are being finalised for the biggest business event yet seen in Bury St Edmunds.

Earl Soham. Credit: Mike Page.

Owners of an east Suffolk business centre are looking to convert some of its older buildings into residential use – while finding new sites for those being displaced.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24