ADDISON HUNT LOOKS BACK ON SUCCESSFUL YEAR AS IT SETS SIGHTS ON 2023

Chartered quantity surveyor and project managers, Addison Hunt, is reflecting on a year of success with key milestones reached and sets sights on further growth in 2023.

Founded in 2016 and led by directors Chris Hunt and Simon Collin, the firm – which has a head office in Loughborough - delivers its services on multimillion-pound projects nationwide in a range of sectors including education, residential, healthcare, commercial and industrial.

Currently in the last quarter of its financial year, Addison Hunt secured and delivered a strong portfolio of work in 2022 – increasing its turnover by 30% compared to 2021.

Addison Hunt completed a number of key projects, including the award-winning Abbey Meadows residential development in Leicester, which won ‘Residential Regeneration Project of the Year’ at the East Midlands Property Dinner Awards 2022.

Other projects completed include a new preschool, trade desk park and laboratory facility.

Work is currently getting underway on mixeduse development Granite Way and an office refurbishment for the Liversage Trust.

These projects were delivered alongside Addison Hunt’s work supporting contractors and subcontractors with estimating and post contract QS services.

To support its pipeline of work, apprentice Matt Worthy and senior quantity surveyors Hannah Vasey and Kym Godward-Large have recently joined the company.

The new hires will be supporting and working across a number of projects within Addison Hunt’s portfolio, which has expanded its services into the bank monitoring sector and plans to secure further projects within the public sector in 2023.

HALTON COMPLETES ACQUISITION OF UK COMPANY, FLAMGARD CALIDAIR

Indoor air company Halton Marine Oy has become the 100% shareholder in the UK-based damper and fire damper designer and manufacturer, Flamgard Calidair. The acquisition, which was completed mid-January 2022, is a follow-up to Halton’s purchase of a 55 percent holding in the company in September 2020.

Flamgard Calidair specialises in the design and manufacture of highquality specialist HVAC dampers and the associated equipment for demanding industrial and energy production environments, such as nuclear power plants and underground construction (tunnels). Founded in 1981, the company is a former competitor of Halton’s and has delivered solutions for several demanding projects around the world.

“Close co-operation and fantastic synergies developed over the 2 years since the majority purchase convinced Halton that moving forward to 100% acquisition provided even further potential for Halton to grow in strategic market segments in which we see great forward potential,” says Director of Halton Marine Sami Piirainen.

The management of Flamgard Calidair agree and trust that the arrangement and close cooperation between the companies significantly enhance the business of both organizations since 2020 and this is the natural progression to bigger and better things to come.

The companies’ joint markets have so far been spared the worst impacts of the COVID-19 pandemic, Russia’s War on Ukraine and the challenging economic conditions.

“The joint strategy decisions and quickly adapting to market conditions have put us in a strong position to gain a substantial order pipeline in the heavy industry segment and will be the foundation of growth in the green transition, nuclear power and underground infrastructure space where there has been great opportunities to provide Halton’s sustainable market leading solutions. We have always recognised Flamgard Calidair’s expertise in this area and the 100% acquisition will take us to the next level” says Halton’s Director for Heavy Industry Shuresh Maran.