Development
OTL Group secures new contract wins
Mar 8, 2024
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Javier Marc
Commercial construction firm OTL Group, which is owned by former Wales international rugby union player Iestyn Thomas, has secured new multimillion-pound contract wins.
The business, based at Mamhilad Park Estate in Torfaen, said it is expanding throughout the UK as it marks five years in business.
Established in 2019, OTL operates in the independent healthcare and public sectors.
The company offers a full turn key service for new build, design, refurbishment, project management, fire safety and maintenance.
Current projects include a range of new builds and refurbishments, with income having doubled year-on-year to date.
Turnover is expected to double next year with further investment in new business opportunities.
Director Iestyn Thomas said: "It is well publicised that making the transition out of sport is not easy but it is a career that reinforces characteristics that are the foundation of any successful business leader. Competitiveness, resilience and teamwork are just some of the qualities that have definitely helped me to set-up and grow OTL in such a short period of time.
"We have quickly become a major player within the UK construction industry and we are forecasting that the business will continue its rapid growth over the next few years. Our vision is to deliver the very best quality for our commercial partners. With contracts across the UK our base at Mamhilad is perfectly located. It offers great growth potential and infrastructure, enabling us to attract the very best talent."
Peter Downes of Johnsey Estates said: "OTL is one of over 180 different organisations that are part of our thriving business community here at Mamhilad. We're delighted to have played a part in their success to date and look forward to working with them as they continue to expand."
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