We are pleased to announce, after several months of negotiations and legal approvals, the Shade Sculpture and CENO-Tec UK Partnership.
With a group turnover in excess of 160 Million Euros, the new business union provides both parties with not only access to increased services and resources but, the financial backing of Europe’s Largest Tensile Fabric Architectural Company. This new alliance and merger is set to see both companies benefit from increased market presence, expertise and international capabilities, making them a true global force in the tensile architectural industry.
Tensile Industry Shake Up
Over the past two years, the Tensile Industry Shake Up has seen several well know tensile architectural companies struggle to make ends meet, with them having to make compulsory redundancies or worse, being forced to fold. With increased competition, lower margins and escalating operational costs the industry is both shrinking and growing all at the same time. As such, many tensile structural companies are being targeted by overseas foreign investors keen to buy up and entre the tensile industry at a knocked down bargain price. The concerns with such takeovers and buy outs are that quality, engineering ingenuity and innovation are likely to end up being the losers, as investors look to reduce operational and production costs. With the Tensile Industry currently going through such a radical shake up, the Shade Sculpture and CENO-Tec UK alliance ‘focused’ on Engineering Excellence, Production Quality and Customer service, offers a welcome reassurance to architectural practices and main contractors alike.
Benefits of the Partnership
The merger is set to see both companies benefit greatly from this new alliance and widen their capabilities on the international stage of Tensile Fabric Architecture. For Shade Sculpture, the alliance and projects merger with CENO-Tec enables them to target the largest of national and international projects, such as Sports Stadium & Arenas , knowing they have the financial backing and large scale project expertise behind them, necessary to successfully deliver on such celebrated projects. Additionally Shade Sculpture will also benefit from CENO-Tec’s renowned international expertise in ETFE Roofs and Structures and enhanced Project Management approach. For CENO-Tec, the alliance gives them access to British Engineering and Design excellence, internationally recognised across the globe and synonymous within the tensile fabric industry. CENO-Tec will also benefit from Shade Sculptures’ practical aspects and developments within tensile fabric modular design, advanced marketing skills whilst giving them a strong presence within both the UK market and the Middle East Region.
Shade Sculpture Management Thoughts
Shade Sculptures’ Managing Director and architect of the alliance Damon Farrell said “We are both delighted and relieved to finally announce this UK merger between Shade Sculpture and CENO-Tec after months of negotiations”. “Shade Sculpture may still be seen as a relatively new player in the industry; however, our designers and engineers are some of the most celebrated within the tensile architectural market, with decades of tensile expertise and knowledge behind them”. “This newly announced alliance with CENO-Tec provides us with an increased international presence and the financial backing needed to take on and fully manage the largest of tensile architectural projects”. “We have seen the industry go through some significant changes over the past three years as it tries to adapt to the increasing and ever evolving challenges”. “However, for us the challenge has always been to enhance our capabilities whilst enabling us to take on increased sized projects”. “This merger now means we can do both”.
“As a company, Shade Sculpture has always looked to represent Design & Engineering Excellence, Exceptional Production Quality and Strong Customer Service Offerings”. “These are the qualities we believe make us stand out from the crowd”. “Seeing that CENO-Tec values and endorses the same principles, we fully expect this Shade Sculpture and CENO-Tec UK Merger to only strengthen our position in the market”.
To find out more about this story and Shade Sculpture’s Tensile Fabric Architecture offerings, contact us on +44 (0) 1249 848649 or email us at info@airsculpt.co.uk
