A Yorkshire-based modular development producer has been purchased out of management via a privately-owned business production corporate.
Established in 1970, Thurston Crew is a collection of businesses founded in Wakefield which manufacture modular and offsite structures for sectors similar to healthcare, training, industrial and business.
The crowd hired 275 other folks and within the 12 months to one November 2024 recorded a benefit of kind of £4.1m on a turnover of round £47m.
Then again, “a number of trade demanding situations” led it to officially instruct Leonard Curtis in November 2025 to habits an sped up mergers and acquisitions procedure to spot a buyer.
A sale to GCH Company, a privately owned team of businesses running within the business production and distribution sector, used to be negotiated and concluded on 22 December 2025, saving greater than 200 jobs.
Cassie Hutchings, leader government of GCH Company, mentioned: “Thurston is a revered UK producer of modular structures with a powerful heritage and deep sector experience.
“As a long-term, privately owned business team, GCH is dedicated to stabilising and making an investment within the trade. We’re excited to welcome Thurston into the GCH circle of relatives and sit up for supporting its subsequent section of enlargement.”
Hilary Pascoe, considered one of 3 joint directors appointed from Leonard Curtis, added: “We’re thrilled to have finished a sale and want the brand new house owners each and every good fortune.”
