Oscrete increases NI distributor shareholding
Yorkshire-based specialist construction chemical supplier Oscrete has increased its shareholding in Adcrete, its official Northern Ireland-based distributor, to 90%. The move follows an increase of over 12% in its client base in Ireland during 2023.
Commenting on the increase in ownership, Oscrete director Scott Wilson said: “Our growth and turnover in Ireland has increased by 200% in the last four years and this growth serves to support the wider business operation throughout the UK.
“The strengthened Oscrete business model and presence in Ireland will ensure the team has the infrastructure and the expertise to become the leading supplier of concrete admixtures and additives in the country.”
Oscrete was formed in 1983 when new markets were found for the oil and surfactant products made by its former parent company and laundry detergent manufacturer, Christeyns. Oscrete rapidly developed products for precast concrete, ready-mix concrete, and mortar, leading to the growth of the brand as a specialized, high-performance concrete admixtures producer.
Scott added: “In 40 years, we’ve gone from being a small part of a bigger business specializing in laundry detergent chemicals to a standalone business which, in 2022 declared a new chapter of independence giving us the flexibility to focus entirely on core market supply, customer service and new product development.
“Our success in Ireland reflects our continued growth in the UK markets, shown through our increase in customers and the expertise of our team, which has seen seven new appointments since the start of 2022.”