en.Wedoany.com Reported - UK-based construction manufacturing company Reds10 Group has announced the completion of a strategic investment in steel fabrication specialist ESL Fabrication Engineers. This move increases the number of vertically integrated companies within Reds10 to ten.

Over the past five years, ESL has collaborated with Reds10 on public sector projects in education, justice, and healthcare. Reds10 CEO Paul Ruddick stated that the addition of ESL "fits a key piece of the jigsaw as we embark on the next phase of our strategic growth to leverage advanced technologies while integrating artificial intelligence into every layer of the business."

Co-founded by Gareth Thompson and his father Paul in 2010, ESL is headquartered in Hull and provides steel fabrication, installation, repair, and maintenance services. Its projects include wind barriers for Scotland's Forth Road Bridge and steel balustrades for a gas plant in Papua New Guinea. ESL reported a turnover of £7 million for 2026, with approximately 50 employees.

Reds10 operates five factories spanning approximately 27,900 square meters in Driffield, East Yorkshire, focusing on offsite construction manufacturing. For the period ending March 31, 2025, its annual revenue was £144.7 million, with a profit margin of 4.8% and a project pipeline valued at £350 million, covering sectors such as defence, education, and justice, with plans to expand into healthcare and housing projects. Since 2021, the company's turnover has nearly quadrupled, growing from £37 million to its current level.

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