Mabey Group
The Mabey Group is a British-based group of engineering companies, which specialises in bridging, steel fabrication, plant hire and construction products. The company was listed[when?] in the Sunday Times Top Track 250 list of Britain's top 250 mid-market private companies by turnover[citation needed].
Contents
History
Founded by Bevil Mabey in 1923,[1] he expanded the company quickly after World War II by buying up spare Bailey bridges from the British Army.[2]
Expanded through acquisition, parts of the group were founded over 150 years ago. The group is still wholly family owned. With an administrative headquarters in Twyford, Berkshire, the group employs over 1,000 people in 40 locations and has an annualised turnover of £100 million. In excess of 90% of the company's production is exported to over 115 countries for use either in permanent or temporary bridging solutions.[3]
The Mabey Group has made regular donations to the local Conservative party in Wokingham. John Redwood, the Wokingham MP, was chairman of an associated investment company until March 2008.[2]
Group companies
- Mabey Bridge - based in Chepstow, Monmouthshire Mabey Bridge is the largest member of the Mabey Group. The company supplies fabricated steel bridging, structural steelwork and associated construction services internationally.
- Mabey Hire Services - based in Ravensthorpe, Dewsbury. Formed on 1 October 2009 through the amalgamation of Mabey Hire, Murrayplant and Mabey Support Systems
- Mabey Inc. - based in Elkridge, MD
Corruption
In its 2008 results, Mabey Group admitted publicly that it may have paid bribes to the regime of Saddam Hussein in order to win business in Iraq, under the Oil-for-Food Programme. In a retrospective United Nations report, it was alleged that Mabey paid a $202,000 (£101,000) kickback between 2001 and 2003, and was handed a $3.6m contract.[2]
In 2009, in a case brought by the SFO, the company plead guilty to the charge of “sought to influence decision makers in public contracts in Jamaica and Ghana between 1993 and 2001” at Westminster magistrates court.[4]
In July 2012, Mabey Bridge became the first organisation in the UK to pass an independent audit to become accredited to BS 10500: 2011 Specification for an Anti-bribery Management System - a management standard developed by the BSI Group in response to the Bribery Act 2010. In 2012 the director of the Serious Fraud Office described Mabey Bridge as “leading the way in implementing controls and procedures to ensure it is able to trade ethically in high risk jurisdictions”[citation needed].
Awards and recognition
On 5 October 2012, Mabey Bridge won both "Company of the Year" and "Company Showing Exceptional Growth" categories at the Monmouthshire Business Awards[citation needed].
On 18 October 2012, Mabey Bridge won the "Manufacturer of the Year" award at the Insider Media "Made in Wales" awards.[5] Sponsored by Barclays Bank, one unnamed judge is quoted as saying the company had "Great story, great products, of which Wales should be proud." The other companies shortlisted were SPTS Technologies, The Royal Mint and Sony UK Technology Centre.
See also
References
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