Cork's Masterkabin is acquired by Eco-Modular

Innishannon-based firm will continue to operate autonomously under its existing brand

Eco-Modular Buildings was founded by industry veteran Malachy Menton. Picture: Eco-Modular

Cork portable and modular building supplier Masterkabin has been acquired by Dublin-based Eco-Modular Buildings.

Founded in the early 1990s by Anthony O'Donovan and based in Innishannon, the firm has a strong presence in Munster providing cabins and modular buildings to the construction, education and healthcare sectors.

Eco-Modular Buildings operates in the same space. It was founded by industry veteran Malachy Menton and is fully owned by the Menton family. Financial details of the acquisition have not been disclosed.

Under the acquisition agreement, Masterkabin will continue to operate autonomously at its Innishannon base, maintaining its brand, existing customer relationships and partnerships

"We are delighted to finalise the purchase of such a well-respected brand as Masterkabin and we look forward to working with the Masterkabin team and their valued customers," Brendan Menton said.

"Our extensive knowledge of the portable and modular building industry, combined with our team’s meticulous work ethic and customer-focused approach has grown Eco Mod into one of Ireland’s leading providers."

He said the company was attracted to Masterkabin’s established reputation and experienced team. "Together, we will drive innovation, deliver exceptional customer experiences and create even greater value for our combined client base throughout Ireland," he said.

Masterkabin's managing director Anthony O'Donovan said: "Since I founded the business back in 1991, my team and I have worked hard to build a strong modular and portable building brand in Masterkabin, with great attention to detail and a varied customer base served by our large rental fleet."

"We were attracted to Eco Mod’s entrepreneurial roots and family heritage, which are an ideal fit and best path for the next growth phase of our business," he said.

"Our collective expertise and aligned culture ensures our customers are ideally placed for future success and we look forward to working with Brendan and Malachy and their great team."

Eco-Modular Buildings was advised on the deal by Interpath Advisory and Maguire McErlean. Masterkabin was advised by EY Corporate Finance & Lavelle Partners