Galliford Try sees fire protection as a high-margin growth sector for building contractors.
It has paid approximately £10m to acquire Nene Valley Fire & Acoustic, which specialises in installing and maintaining fire doors.
Nene Valley, which has approximately 70 employees, is to be combined with Galliford Try’s existing passive and active specialist fire businesses, Asset Intelligence and Oak Fire Protection. The cash-funded deal is expected to be margin accretive in its first year.
Galliford Try has shown itself to be keen on bolt-on acquisitions recently. These include NMCN’s water business (including Lintott), MCS Control Systems, Ham Baker and AVRS Systems in the past five years.
Galliford Try has also posted half-year results for the six months to 31st December 2025. These show a 21% rise in interim pre-tax profit to £24.3m (2025 H1: £20.0m) on revenue up 1.3% at £934.9m (H1 2025: £923.2m), slightly ahead of expectations.
The order book as risen from £3.9bn to £4.1bn in the opast 12 months.
Chief executive Bill Hocking said: “I am pleased with the group’s performance in the first half of the financial year which supports increased confidence in improved revenue, adjusted operating margins and profit expectations for the full year.
“In addition to the transition to the AMP8 water programme and our continued framework and project successes, we also see further opportunities across all our chosen sectors. Our track record of operational delivery, focused risk management, committed people and established relationships with our supply chain and clients provides consistency to our results.
“The group benefits from a strong balance sheet and a high quality, carefully selected order book, providing good visibility of future workloads well beyond the current financial year. Continued investment in our people ensures consistent delivery for our clients and positions us well to support the government’s commitment to economic growth through major infrastructure investment.
“Our continuing strong performance and order book gives us confidence to raise our expectations for the full year to 30 June 2026.”
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