In a significant development for the North Wales economy, construction and civil engineering firm OBR Construction has acquired a business unit from the Welsh Government to establish a new headquarters and drive expansion plans.
Strategic Acquisition at Bryn Cefni Business Park
The company has purchased the unit at Bryn Cefni Business Park in Llangefni, Anglesey, in a property deal that will see the firm relocate to an existing site close to its current base. While the exact value of the acquisition remains undisclosed, the transaction represents a strategic move for the £20 million turnover business.
Job Security and Creation
The acquisition will safeguard 85 existing positions while creating up to 10 new roles over the next 18 months, including five valuable apprenticeship opportunities. This job creation forms part of OBR Construction's broader expansion strategy as it seeks to grow as an established regional contractor.
Expansion Ambitions and Sector Focus
The company, which serves a growing client base including local authorities and organisations in the nuclear and waste industries, plans to strengthen its position as a key supplier to the nuclear decommissioning sector. The new headquarters will provide enhanced facilities to support these ambitions.
Government Support for Business Growth
Cabinet Secretary for Economy, Energy and Planning, Rebecca Evans, commented on the sale, stating: "This Welsh Government is creating the conditions to help businesses grow as we work towards a greener, fairer more prosperous economy for all parts of Wales."
"The sale of this unit will support the growth of a successful company, safeguarding existing jobs and creating new ones, with a new HQ from which it can expand further."
Company Perspective on the Move
Rhys Parry Jones, director at OBR Construction, expressed enthusiasm about the acquisition: "We are delighted to finalise the acquisition of the business unit at Llangefni, which will assist our expansion ambitions. This milestone represents a significant step in strengthening the future of our organisation."
"Relocating to an existing site close to our current base will allow for a smooth transition while giving us the opportunity to adapt and enhance the facilities in line with our commitment to achieving net zero by 2050."
Future Prospects and Timeline
The company anticipates being fully established in its new premises by the end of 2026, positioning itself to take advantage of growing opportunities in Anglesey and North Wales. The move represents a significant investment in the region's infrastructure and employment landscape.
OBR Construction's expansion plans align with broader economic development goals for Wales, combining job creation with strategic positioning in key industrial sectors. The company's commitment to environmental sustainability through its net zero by 2050 target adds an additional dimension to this business development story.