MERGERS & ACQUISITIONS Rigging company acquisition 17/03/2023 Save article Ancasta Group has acquired Cowes-based Spencer Rigging. SHOW FULLSCREEN Spencer Rigging has been acquired by Ancasta Group Spencer Rigging was established in 1958 and is LEEA accredited and ISO 9001 registered. The company will continue to operate from the company’s existing rigging loft and the team will continue to be led by MD, Neil Brinsdon. Spencer Rigging’s facility offers the capability to support a wide range of international projects, including the in-house manufacture of lifting systems for marine, commercial and construction industries. “Spencer Rigging is a hugely respected name with a reputation built on trust and quality products produced by its skilled workforce, continuing the company ethos established by Harry Spencer over 65 years ago,” said Nick Griffith, Ancasta Group MD. “We’re delighted to be extending this reputation to further enhance Ancasta Group’s turnkey boat repair, maintenance and aftersales services The company has completed sailing rigging projects from dinghies to ocean racers and also produces lifting and architectural equipment for clients across commercial, MOD and construction industries, and carries out non-destructive and destructive testing. Rigging capabilities include wire swaging 1.5mm to 32mm wire, talurit swaging 1mm to 58mm, rod rigging -4 to -540. In-house production of lifting equipment includes webbing (CE Marked), chain and wire slings. The rigging loft joins Advanced Rigging and Hydraulics within the Group which will continue to operate from its base in Port Hamble. Both Advanced Rigging and Hydraulics and Spencer Rigging teams are set to expand. Topics AcquisitionaftermarketAftersalesExpansionMergers & AcquisitionsRigging
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