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A comprehensive scaffolding solution company, in the sale of controlling interest in the company to Doka, a construction company providing innovative formwork, solutions, and services globally. The sale also included new credit facility transactions.
AT-PAC has 25 years of experience in manufacturing high-quality scaffolding. This acquisition will allow Doka to focus on a new industry sector and be positioned as the main source for scaffolding and formwork for the global construction community. AT-PAC will now gain an extensive global network since Doka is active in 60 countries with 160 locations, the company said.
Atlanta, USA/ July 6, 2022 – AT-PAC strengthens partnership with Doka, a world-leading formwork, solutions, and services provider headquartered in Amstetten, Austria.
Doka has acquired a major stake of AT-PAC. Both AT-PAC & Doka formed an initial partnership in 2020 to deliver comprehensive global construction site solutions and has been expanding its footprint ever since. The majority stake opens a new, worldwide “industrial scaffolding” business segment and positions Doka as a sole source for formwork and scaffolding for the global construction community.
“AT-PAC has 25 years of experience in manufacturing high-quality scaffolding and is a major player in various sectors. With AT-PAC, Doka will be able to focus on the industrial sector worldwide, besides supporting our current customers according to the one-stop-shop principle," says Robert Hauser, CEO of Doka. With a single request, clients now have access to a comprehensive formwork and scaffolding portfolio, consistent customer support, and expanded access to Doka services across the globe. The ability to source comprehensive construction solutions from a single supplier serves to increase operational efficiencies and reduce project material lead times. The customized solutions support streamlined operations and simplify administrative processes. “Our customer’s needs are always at the center of our attention and with this expanded offering we are optimizing processes and reducing interfaces to create added value for our customers."
The majority shareholding enables Doka via AT-PAC to address entirely new customer segments in the industrial sector, where AT-PAC is already widely experienced. AT-PAC, on the other hand, gains a robust partner as Doka has an extensive global sales network and is active in over 60 countries with 160 locations. "Together we can perfectly serve the requirements and the needs of customers in the hydropower plant, chemical and mining industries, among others," says Hauser. “By leveraging Doka’s global network and AT-PAC’s experience, we can unlock further growth potential in industrial scaffolding and be part of the entire project lifecycle."
Jeff Davis CEO of AT-PAC commenting on the majority stake; “Today marks a prominent landmark in our already illustrious 25-year history. We have been providing innovative scaffold access products and solutions that drive positive impact on large industrial projects all over the world with great success. Doka has seen our dedication to provide the best level of service to our clients as well as proving our inhouse capabilities to develop and deploy a world renowned DIBt-certified scaffolding system Ringlock, designed and developed from our Global HQ in Atlanta, USA. The majority shareholding only strengthens our ability to service our clients, and we are very excited about our future opportunities to prosper and continue to grow our amazing company”.
Scaffolding solutions at bauma
During the world's largest construction trade fair bauma 2022, which will be held in Munich from October 24 to 30, Doka will be debuting its DIBt-certified scaffolding system Ringlock under the AT-PAC brand. As a result of the strategic progression, Doka will also be showing applications for industrial customers as well as for the construction industry. The combination of the formwork portfolio, the scaffolding management software Hi-Vis® and other additional services, positions Doka as a one-stop-shop for the global construction industry.
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