construction workers silhouette

Sale: Nusteel Structures Ltd

Geert Struyven, Simon Warne
29/01/2025
construction workers silhouette
Nusteel Structures Ltd transitions to Employee Ownership.

Established in 1954, Kent based Nusteel Structures Limited (Nusteel) is one of the leading suppliers of steel bridges, gantries and complex structures to the construction industry. Its clientele includes major tier one contractors working on key infrastructure projects for National Highways and Network Rail. With decades of experience, Nusteel are now well established in the heavy fabrication sector, providing in-house design, fabrication, protective treatment application, delivery and installation services.

Nusteel reported a turnover of £12.6 million for the year ending 31 October 2023 and employed a monthly average of 89 staff, including 67 in production.

The existing management team at Nusteel will continue to lead the company, maintaining control over strategic and business decisions. This continuity is pivotal to ensuring that the company stays on course with its long-term objectives, particularly as it navigates this new ownership framework.

Crowe's role and team

Crowe acted as the lead advisor to the shareholders, the sale was led by Geert Struyven and the tax advice was provided by Simon Warne, supported by Peter Bowles.

Client quote

"We were grateful for the expert professional advice and guidance, including tax and valuation services received from Crowe throughout the complex EOT transaction process. We strongly recommend them for their expertise and professionalism in this field.”

Kevin Kelleher, Managing Director, Nusteel Structures Ltd

Our recent deals

loading gif
woman on her ipad with laptop
Acquisition: Ambico Services Limited
Crowe provided financial and tax due diligence to Dynamic Networks Group Holdings Limited on its acquisition of Ambico Services Limited.
Woman on podcast
Investment: Ethos Partners LLP
Crowe provided financial and tax due diligence on behalf of Ethos Partners LLP in respect of this investment.
warehouse factory machinery
Investment: Lysander Group Limited
Crowe completed both the vendor and tax due diligence on behalf of Lysander, and the financial top-up due diligence on behalf of TPA Capital.
aerial view of people working in office
Acquisition: LBG Media plc
Crowe provided financial and tax due diligence to LBG Media plc for its acquisition to Uncovered Holdings Limited.
Man on phone and typing on laptop
Investment: Vested
Crowe completed both the financial and tax due diligence on behalf of Foresight in respect of this investment in Vested.
A group of professionals sitting together
Acquisition: Strata
Crowe provided financial and tax due diligence to Strata Group, on its acquisition of We Are Collider.
Construction worker in building
Acquisition: Xpert Energy Installations Limited
Crowe provided buy-side support and financial and tax due diligence to T Brown Group, on its acquisition of Expert Energy Installations Limited.
Man-looking-at-ipad-dark-image
Investment: Newable
Crowe provided financial and tax due diligence to Newable on its acquisition of Amulet Hotkey Limited.
Engineer performing maintenance on a plane engine in an aircraft hangar.
Acquisition: BIE Magnum Limited
Crowe provided financial and tax due diligence to Corvero Group, on its acquisition of BIE Magnum Limited.
two-people-looking-at-graphs-on-screen
Acquisition: Cloud Geeni
Crowe provided financial due diligence and buy side support to Your.Cloud on its acquisition of Cloud Geeni from Key Computer Applications Limited.
Light on countryside road
Acquisition: Sunda Energy Plc
Crowe provided financial and tax due diligence to Sunda Energy Plc on its acquisition to Matahio Energy NZ Limited.
Closeup of laser cutter
Acquisition: Flex7 Ltd
Crowe provided financial and tax due diligence support to Karnell Group, on its acquisition of Flex7 Ltd.
woman on her ipad with laptop
Acquisition: Ambico Services Limited
Crowe provided financial and tax due diligence to Dynamic Networks Group Holdings Limited on its acquisition of Ambico Services Limited.
Woman on podcast
Investment: Ethos Partners LLP
Crowe provided financial and tax due diligence on behalf of Ethos Partners LLP in respect of this investment.
warehouse factory machinery
Investment: Lysander Group Limited
Crowe completed both the vendor and tax due diligence on behalf of Lysander, and the financial top-up due diligence on behalf of TPA Capital.
aerial view of people working in office
Acquisition: LBG Media plc
Crowe provided financial and tax due diligence to LBG Media plc for its acquisition to Uncovered Holdings Limited.
Man on phone and typing on laptop
Investment: Vested
Crowe completed both the financial and tax due diligence on behalf of Foresight in respect of this investment in Vested.
A group of professionals sitting together
Acquisition: Strata
Crowe provided financial and tax due diligence to Strata Group, on its acquisition of We Are Collider.
Construction worker in building
Acquisition: Xpert Energy Installations Limited
Crowe provided buy-side support and financial and tax due diligence to T Brown Group, on its acquisition of Expert Energy Installations Limited.
Man-looking-at-ipad-dark-image
Investment: Newable
Crowe provided financial and tax due diligence to Newable on its acquisition of Amulet Hotkey Limited.
Engineer performing maintenance on a plane engine in an aircraft hangar.
Acquisition: BIE Magnum Limited
Crowe provided financial and tax due diligence to Corvero Group, on its acquisition of BIE Magnum Limited.
two-people-looking-at-graphs-on-screen
Acquisition: Cloud Geeni
Crowe provided financial due diligence and buy side support to Your.Cloud on its acquisition of Cloud Geeni from Key Computer Applications Limited.
Light on countryside road
Acquisition: Sunda Energy Plc
Crowe provided financial and tax due diligence to Sunda Energy Plc on its acquisition to Matahio Energy NZ Limited.
Closeup of laser cutter
Acquisition: Flex7 Ltd
Crowe provided financial and tax due diligence support to Karnell Group, on its acquisition of Flex7 Ltd.