Poole: Steel firm expands into Cypriot market

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 on the Mediterranean island.

SMD, celebrating its 30th anniversary this year, is targeting international growth to complement its extensive design, manufacturing and installing 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 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.”