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Manager lands buyout of waterproofing business
Gwent Gazette
|June 26, 2025
A STRUCTURAL and basement waterproofing business has been acquired in a management buyout.
Dominic Thew, general manager of Tredegar-based Atal UK, has acquired the business in a deal part-funded by a seven-figure debt and equity investment from the Development Bank of Wales.
Founded in 2012 and based on the Tafarnaubach Industrial Estate, Atal employs 19 people and provides structural and basement waterproofing services along with ground gas protection solutions for architects, contractors and groundworkers throughout the UK.
Mr Thew, who joined the business in 2015, takes over the business from founder David Rees.
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