Chartway Partnerships, a Kent-based construction company, has strategically expanded its operations through the acquisition of two local suppliers.
- The acquisitions of OFP Timber Frames and Discovery Stairs & Joinery occurred in March 2024, but were only recently publicised by Chartway.
- OFP Timber Frames and Discovery Stairs & Joinery enhance Chartway’s supply chain operations, increasing in-house capability to 47%, fostering efficiency.
- Leadership changes accompany the acquisitions, with Alastair Narraway stepping into a dual role, spearheading OFP and Chartway Drylining.
- Chartway’s leadership emphasises the acquisitions’ alignment with its sustainability goals and commitment to delivering quality homes across southeast England.
In a decisive move to strengthen its supply chain and operational efficiency, Chartway Partnerships, a construction group based in Coxheath, Kent, formally announced the acquisition of two pivotal suppliers, OFP Timber Frames and Discovery Stairs & Joinery. Although the transactions were completed as far back as March 2024, they have only been communicated publicly recently, highlighting a significant strategic step for the company.
The acquisition of OFP Timber Frames, based in Sandwich, Kent, is notable for its leadership under Alastair Narraway, who, along with his team, has built a reputable operation. In parallel, Discovery Stairs & Joinery, functioning from Broadstairs, provides essential staircases and joinery packs to volume house-builders and is led by Scott Narraway. These additions notably increase Chartway’s in-house supply chain capability to 47%, a move aimed at enhancing the delivery speed and efficiency of new home construction projects.
The leadership dynamics within Chartway have also evolved with these acquisitions. Alastair Narraway, previously guiding OFP, has accepted an extended role as the managing director of Chartway’s drylining and screeding division, Chartway Drylining (CDL). This dual appointment is indicative of Chartway’s confidence in his leadership abilities and strategic vision.
Chartway’s Chief Executive, Steve Cresswell, communicated a buoyant outlook regarding the integration of OFP and Discovery Stairs into the Chartway family. He articulated that the shared values and combined expertise present a substantial opportunity to accelerate the group’s objectives related to sustainability and quality housing. Aligning operational capabilities with environmental and social governance goals has been a recurrent theme in his statements.
Alastair Narraway reflected on the positive transition, expressing enthusiasm about the collaborative potential and growth these acquisitions offer. He underscores that this development provides a robust platform to enhance Chartway’s offerings to both existing and prospective partners, ensuring a focus on sustainability and quality, a central tenet of the Group’s long-term vision.
Chartway Partnerships’ strategic acquisitions mark a significant advancement in enhancing the company’s supply chain efficiency and sustainability commitments.
