An award-winning family firm which designs, manufactures and supplies steel-framed buildings has been acquired.

Shufflebottom, based in Cross Hands, Carmarthenshire, was established in 1977. It is recognised as one of the UK’s largest independent providers of steel-framed buildings for the industrial and commercial and agricultural and equestrian sectors.  The company also produces high quality structural steelwork for construction projects across the UK and beyond.

The firm, which also has sales offices in the east of England and Scotland, generates turnover in excess of £25 million and employs 85 staff.

It has now been acquired by Embrace Steel Group. The Shufflebottom board of directors will maintain their current executive roles and play a crucial role in driving the business forward under Embrace’s ownership.

Embrace is a leading provider of steel frame building solutions, offering a comprehensive range of products and services to customers across various industries.

Gambit Corporate Finance acted as lead advisor to the shareholders of Shufflebottom on initiating, negotiating and structuring the transaction. The Gambit team was led by Frank Holmes, Simon Marsden and Sean David.

Alex Shufflebottom, Shareholder and Director of Shufflebottom, said:

“Taking the decision to sell your family business is a huge one to make, and to have the right people with you on the journey was so important. It was an absolute pleasure to work with Gambit, particularly Frank and Simon, who drove the whole deal from start to finish. The deal that they negotiated whilst taking into account all of our requirements for Shufflebottom for the future was fantastic.  The level of support and guidance they provided along the way in such a professional manner was truly outstanding.”

Frank Holmes, Partner at Gambit, said:

“We are delighted to have acted for the Shufflebottom shareholders on this transaction.  Shufflebottom is an excellent business, steeped in heritage, and is a true market leader in its field.  The shareholders have done an outstanding job developing the business under their ownership whilst remaining faithful to the ‘family values’ enshrined in its roots.  This is a great example of a succession strategy which enables the shareholders to continue in their roles, preserving the legacy and cultural values embedded in Shufflebottom’s success.”

Simon Marsden, Director at Gambit, said:

“This transaction is testament to Gambit’s knowledge of and ability to access appropriate strategic buyers and our ability to deliver outcomes which exceed shareholder expectations.  Every transaction brings its own specific dynamics and nuances.  With our tailored approach and unparalleled experience we are again able to deliver a solution that meets all stakeholder objectives.”

Blake Morgan provided legal advice to the shareholders with its team led by James Williams.