From 1st April our current ownership will enter the 20th year of their tenure at the helm of Bridgman IBC.
Industrial Building Components Limited (IBC) was formed in 1988 by The Expanded Metal Company primarily to manufacture standard doors for use in the supply of the CLASP partitioning systems. Doors were also supplied to the house building industry through builders merchants.
The business and its product portfolio would expand to include special doors and cubicles.
In 2001 the business was sold to the company Brand holdings who also owned Dale Joinery and other joinery manufacturers.
Unfortunately after two years, Brand holdings hit financial difficulties. Loans were called in by the banks effectively putting the group of companies into administration.
While IBC was a profitable company at that time, it was also placed into administration as a result of this.
There was limited interest in buying IBC and running it as a going concern but nothing materialised. The incumbent management team of Tony Phillips, Mick Butler and Peter Bowes put a management buyout proposal forward which was successful.
The company Bridgman IBC was formed in April 2004. Over the past twenty years the product portfolio / mix has evolved to meet the industry sector requirements and the business has established supply chains with the likes of Kier Group, Morgan Sindall, Doorways, Laing O’Rourke, Tilbury Douglas and Equans.