Steel firm SMD expands into Cyprus market

DISTRIBUTION DEAL: The Angastiniotes Bros Steel Ltd of Cyprus management team, from left: Panayiotes Angastiniotes, Kyriakos Angastiniotes and Constantinos Angastiniotes. The company has signed an exclusive distribution deal with steel decking specialist SMD of Poole

Steel firm SMD is continuing its expansion programme by signing a distribution agreement for its products in Cyprus.

The Poole-based steel decking company has linked with Angastiniotes Bros Steel Limited on the Mediterranean island.

SMD, celebrating its 30th anniversary this year, is targeting international growth to complement its extensive design, manufacturing and installation operations in the UK.

SMD managing director Ben Pratten said: “We very much see the overseas market as crucial to our expansion plans and the signing of this new distribution agreement is evidence of this further push into international trade.

“The Cyprus market for floor decking is growing. This is a positive development for SMD’s ambitions to grow sales and awareness abroad. We are hoping that once developed we will secure sales of between 40,000 and 60,000 sq m per annum.

“Angastiniotes Bros Steel Limited will be SMD’s official distributor for the region (currently Cyprus only) and initially will start with our floor deck products, but this is set to be developed as our relationship grows.”

SMD already has substantial overseas operations, including a satellite office in Dubai and a design centre in India, and international work includes the Philharmonie de Paris in France, the Dubai Snow Centre and Tiara United Towers in Dubai.

Long-established Angastiniotes Bros Steel Ltd was established by Panayiotes Angastiniotes in 1984 and is headquartered in the Cypriot capital Nicosia.

Spokesman Constantinos Angastiniotes said: “We are happy to announce our exclusivity agreement with SMD Ltd to become the official distributor of the UK’s market leading composite floor and roofing company in Cyprus.

“Our two companies have similar length histories and I believe we will be able to work closely together to cement our position as one of the leading steel manufacturing and trading company in Cyprus through our association with SMD’s excellent products.”

SMD, headquartered at Tower Park, employs more than 100 staff at locations across the UK, including Leeds, Nottingham and Glasgow.

The firm’s steel decking has been used in such iconic buildings as the Shard and the Olympic Park in London, Manchester City’s Etihad Stadium, Cheltenham racecourse and terminals at Heathrow Airport.

The company, which has a satellite office in Dubai and a design base in India, was founded in Ringwood in 1987 and has carried out more than 200 construction projects locally, including at the RNLI, Poole, Bournemouth Airport and Bournemouth University.

For more information contact Cliff Moore at Deep South Media on 01202 534487 or 07469158458 or Ed Baker at Deep South Media on 01202 534487 or 07788392965.