Liquidation of 77-Year-Old Clarkebond Reflect the Changing Industry Landscape | |
The sudden liquidation of Clarkebond (UK) Ltd in December, just three months after its acquisition by Independent Design House Group (IDHG), has shocked many in the engineering sector. A firm with a proud 77-year legacy, its abrupt collapse raises important questions about the changing dynamics in the industry, particularly concerning mergers and acquisitions, management practices, and the impact of new ownership on established businesses. In this blog, we explore how the Clarkebond liquidation highlights broader trends in the engineering and consultancy industry and what it means for companies navigating an increasingly complex business environment. Clarkebond was once a leading engineering consultancy, trusted by clients for nearly eight decades. However, the acquisition by IDHG, a specialist in temporary works, marked a significant shift. IDHG’s leadership saw the acquisition as an opportunity to expand its footprint, increase its workforce, and diversify its services. They were optimistic about the synergies between the two firms, with plans to combine Clarkebond’s multi-disciplined consultancy capabilities with IDHG’s existing portfolio. | |
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Target Nation: All Nations Target City : Norwich Last Update : 24 February 2025 7:54 AM Number of Views: 32 | Item Owner : Jamie Playford Contact Email: Contact Phone: 08002465895 |
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