In an ever-evolving construction landscape, where the demand for innovation, sustainability and efficiency is becoming more paramount – we are excited to be entering the market as a newly launched company – Merit Industrialised Construction (“Merit”).
This marks a pivotal moment for our team, as we harness a legacy of intellectual property, cutting-edge design systems and extensive manufacturing know-how, acquired through a strategic partnership with leading industry players. With a fresh corporate structure, Merit is ready to redefine the future of design and construction both in the UK and internationally.
A Strategic Alliance for the Future
Merit has been bolstered by the support of Modulex Modular Buildings Plc – a global leader in modular construction backed by Red Ribbon Asset Management, a London-based investment firm. Red Ribbon founded Modulex to combine growth and expertise in industrialised construction within markets including India and the United States.
This strategic alignment enables us to not only leverage existing technologies but also to innovate in the development of modular construction solutions across diverse applications. The establishment of Merit is not merely a response to the prevailing industry trends; it is a proactive manoeuvre designed to capture market opportunities that are not only significant but also essential for future growth.
Furthermore, our partnership with HBEM – a firm well-versed in delivering advanced manufacturing environments – reinforces our commitment to excellence in specialised sectors, including datacentres, pharmaceuticals and life sciences.
Building on Proven Expertise
At the heart of Merit’s operational ethos is a leadership team with decades of combined experience in construction product development, digital design platforms and integrated delivery methodologies. This knowledgeable team positions us uniquely to harness our shared ambitions and drive innovation. Our focus will remain steadfast on high-value, technically complex sectors that demand precision and high-quality. By applying advanced manufacturing techniques, we aim to establish a new standard for quality and reliability in construction.
Investment in Cutting-Edge Infrastructure
As part of its ambitious growth strategy, Modulex is investing in the establishment of a state-of-the-art 40-acre ‘mega factory’ in Mumbai. This facility is meticulously designed to manufacture fully fitted steel modular buildings, bathroom pods and specialist components. By strengthening our production capabilities, we are set to provide unparalleled support to Modulex for both commercial and residential projects, not only in India but also in select international markets.
Navigating Challenges with Resilience
The administration of the former Merit Group Services businesses, though difficult, has imparted invaluable lessons that shape our approach moving forward. While acknowledging the past, we prefer to focus on the potential of a fresh start and growth. Tony Wells, CEO at Merit, encapsulated this forward-thinking mindset: “The formation of Merit symbolises a new beginning. With new investment partners and a revitalised operating model, we aim to advance proven intellectual property while cultivating new capabilities.”
A Vision for the Future
As we embark on this new, exciting journey, we are filled with optimism about the future. The combination of strategic partnerships and a deep-rooted commitment to excellence places us in an advantageous position to respond to the rising demand for industrialised, offsite construction solutions.
We look forward to serving our clients with unparalleled dedication and expertise, helping them navigate the complexities of modern construction, while fostering a culture of innovation and sustainability – to deliver excellence together.
