L.B. Foster Company: Meet Skratch
- Feb 28, 2023
- Rail
L.B. Foster Company recently acquired Skratch, a UK-based digital display specialist that enhances businesses by offering innovative solutions to meet project requirements.
Founded in 2004, Skratch provides industry leading digital display hardware, software, and maintenance solutions with first-class customer support at the forefront of its proposition. Its unique to industry business model provides end-to-end solutions including design, prototyping, hardware, software, installation, and ongoing support packages with maintenance, digital content management, and creation.
With in-house engineering teams, project managers, digital content specialists, and an ecosystem of industry supply chain partners, Skratch delivers cutting edge technology primarily in retail, leisure, and digital out of home industries. Its engineering and technology expertise enables integration of digital displays into additional services such as clean air technology, lighting systems, and even cameras capturing audience analytics that provide real-time feedback to brands looking for high return on investment yield.
Ian Beeley, Head of Digital Display at Skratch, commented, “The acquisition provides Skratch with an improved infrastructure and platform to grow, increasing its strategic position within its industry sector to a level that would have been unachievable without L.B. Foster. We can now look to expand our service offerings to our clients by bringing L.B. Foster solutions and services to the table and with the same philosophy, take our solutions to the L.B. Foster client base.”
L.B. Foster’s CEO and President, John Kasel commented, “This acquisition fits neatly into the growth strategy L.B. Foster announced in 2021. The accomplished team at Skratch delivers new learning, expertise, and experience that complements existing L.B. Foster growth businesses and enables access to wider target markets in UK and Europe.”
The full press release for the acquisition of Skratch is available on the L.B. Foster Investor Relations website.