Modulex Modular Buildings and HBEM have launched an independently backed business, following last year’s collapse of Merit Group Services.

Belgium-based Vertimac has invested in Cherrypicker Shop, a specialist supplier of access equipment parts.

Offsite construction firm McAvoy has been sold by London-based Blantyre Capital to European investment firm Duke Street.

Powered access rental company Aerial Platforms Limited (APL) has been acquired by hire specialist Centurion Group.