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Tag Archives: acquisition

Carillion buys John Laing’s facilities management business

John Laing has sold its facilities and support services business, John Laing Integrated Services (JLIS), to Carillion plc. The firm says its FM division disposal underlines its continued strategic focus on its core business of bidding for, investing in and ...

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GDF Suez announces the acquisition of Balfour Beatty Workplace

GDF SUEZ, through its Energy Services business line, has announced the purchase of Balfour Beatty’s UK Facilities Management business – Balfour Beatty Workplace. The acquisition will give GDF SUEZ, through its primary brand Cofely, a strong position in energy services, ...

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Global hotel management firm acquires Chardon’s UK sites

  Interstate Hotels & Resorts – a leading US-based global hotel management company – has extended its UK hotel management portfolio with the acquisition of Chardon Management Ltd. Chardon currently manages 32 hotels and one health and fitness club throughout the ...

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Johnson Service Group sells its FM activities including SGP in £32m deal

The FM division of AIM-listed Johnson Service Group PLC – which includes SGP Property & Facilities Management (SGP), an independent provider of facilities management (FM) supply chain services – has been sold for £32.2 million to Bell Rock Bidco Limited, ...

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TC Facilities Management acquires Equinox Security Management

  TC Facilities Management, the independent provider of integrated services, has acquired London-based security business, Equinox Security Management Limited, for an undisclosed consideration. Under the deal, Equinox will continue to operate using the same name and management team, although under the TC ...

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Servest acquisition adds M&E to its FM service offering

Facilities management service provider Servest, has acquired independent mechanical, maintenance and building services business Maxwell Stewart as part of its growth and diversification strategy. Maxwell Stewart, which has an annual turnover of £15m, was founded by Robert Stewart in 1992 ...

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Contract caterer The Brookwood Partnership acquires Graysons Education

In line with its recent growth plans and presence in the North of England, the independent school caterer, The Brookwood Partnership has just acquired the education catering business of Graysons Restaurants Ltd, for an undisclosed sum. This latest development will ...

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Costain calls ‘time’ on May Gurney deal

Costain has announced it will be withdrawing its offer for infrastructure, waste and support services group May Gurney, following a “compelling” 35 per cent-higher offer from rival bidder, Kier Group. After considering its position, the board of Costain, the construction group, announced that it “does not ...

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Win-win as Europa’s acquisition of workplace consultancy BGM saves 29 jobs

A new acquisition has seen Europa significantly expand its capabilities within its workspace division as well as geographically in the London and southeast regions following the acquisition of the assets of The BGM Group Limited in a pre-pack deal. BGM provided strategic ...

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Rival bid from Kier puts Costain’s May Gurney acquisition offer in jeopardy

Kier, the construction and support services group and May Gurney, the waste and infrastructure firm, have this morning announced they have agreed terms of a recommended acquisition offer. May Gurney had previously agreed – and recommended to its shareholders – an all-share ...

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