OCS Group has acquired Guernsey-based Meadowcroft Limited, a third generation family-owned building services provider, in a deal it says will boost its offer of Total Facilities Management (TFM) to Channel Islands businesses and property owners.
The acquisition will enable OCS to offer clients in Guernsey and Jersey a comprehensive set of property services, including washroom services, cleaning, compliance, electrical engineering and mechanical services.
All of Meadowcroft’s 40 employees will transfer to the new operation. Paul Meadowcroft, will continue to lead hard services as operations director, while Teresa Toman, joint shareholder in Meadowcroft Ltd., will take on the new role of office manager for the combined operation, which will continue to use the Meadowcroft name.
Commenting on the acquisition, Meadowcroft said:
“Meadowcroft has grown fourfold in the last eight years and we have worked closely with OCS Group – another family-owned business – in serving several shared clients in the Channel Islands in recent years. The firm has made the decision to consolidate its operations with OCS Group in order to offer a one-stop solution for building support services that can be delivered from our own resources.”
Phil Taylor, managing director of OCS Group in the Channel Islands, added:
“OCS Group has a strong track record of commitment to serving clients in the Channel Islands and a long history dating back to 1900 as a family-owned business, so we are delighted to be joining with another well-established family business that shares our values and commitment to long-term client relationships that deliver value. We welcome the Meadowcroft Ltd. team into the OCS Group and look forward to working with them in serving our Channel Islands clients.”
OCS says that the acquisition will deliver a “significantly enhanced” service proposition and that further investment is planned in order to further expand the company’s capabilities and to grow its local workforce.
The transaction was subject to approval by the Channel Islands Competition and Regulatory Authorities.