Growing Glenrothes manufacturer scoops Deal of the Year award

Pipe and Piling Supplies, which was acquired by Alistair Cochrane earlier this year, has walked away with a top prize from the Insider Deals and Dealmakers Awards 

Glenrothes engineering firm Pipe and Piling Supplies (PPS) has scooped one of Scotland’s top business awards.
The Fife company, which is a leading manufacturer of fabricated steel, won Small/Mid-sized Deal of the Year at the 2016 Insider Deals and Dealmakers Awards.
Judges described the firm’s recent acquisition by managing director Alistair Cochrane as “an excellent example of what can be achieved with the right management.”
The panel, which was chaired by John Anderson, head of SME Engagement at Strathclyde Business School, also praised the “simple but effective” way Cochrane has taken control of the business.
PPS was acquired by Cochrane in November 2015 for an undisclosed sum in a deal backed by Clydesdale Bank.
He initially joined PPS in 2008 with a focus on expanding the business and growing profitability. Since then, turnover has risen from £1.59 million to an estimated £20 million for the current financial year.

The company supplies steel piling and overhead structures to infrastructure clients with key customers including Network Rail and Balfour Beatty.

In recent years the business has been contracted to work on some of the UK’s biggest rail projects including the Edinburgh Glasgow Improvement Programme.
The company is also involved in the Great Western Electrification Programme and helped to deliver London’s new Canary Wharf Crossrail Station, which is part of the biggest construction project in Europe.
Cochrane said: “It’s a great honour to be recognised by the 2016 Insider Deals and Dealmakers Awards.
“I’d like to thank our dynamic and dedicated team who have worked hard to grow the business by developing new products and using our strong engineering skills to deliver bespoke services for our customers.
“As a result, we’ve been able to contribute to some the UK’s high profile and complex building projects over the past few years.
“We continue to have ambitious growth plans and are in a strong position to take advantage of exciting developments in the marketplace.”
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