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Tag Archives: acquisition

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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Kier steps into the May Gurney / Costain merger ring

Yesterday, Costain Group and May Gurney Integrated Services announced plans to merge, forming a new company, named “Costain May Gurney PLC‟. However, Kier Group has issued a shareholder statement* saying it is considering its options noting previous attempts to negotiate ...

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£385m acquisition of Enterprise a ‘good strategic fit’ for Amey

Amey’s parent company, Ferrovial Services, has today announced that it has reached an agreement with international investor 3i to buy infrastructure, waste and facilities firm Enterprise plc for 385 million pounds (443 million euro). The acquisition of Enterprise strengthens Madrid-based, Ferrovial’s footprint ...

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Capita agrees IT purchase of Northgate Managed Services

Capita has agreed to acquire Northgate Managed Services Limited (NMS) from Northgate Information Solutions for an enterprise value of £65 million net. This amount comprises £22 million payable in cash consideration and, in addition, the assumption by Capita of a ...

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Servest and 7 Day Catering set common goals

Multi-service provider Servest has acquired independent catering business, 7 Day Catering, as part of its growth and diversification strategy. Servest identified the catering company as providing an excellent strategic fit with the existing business and its plans for expansion and ...

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Interserve expands healthcare offering with new home care acquisition

Interserve, the international support services and construction group, has expanded its public sector service proposition in the UK with the acquisition of Advantage Healthcare, a leading UK provider of healthcare at home services for a cash consideration of £26.5m. The ...

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JSG dry-cleaning business sold in £2.1m debt-reducing deal

Johnson Service Group (JSG), the dry-cleaning, textile rental and facilities management business has completed of the sale of Alex Reid, its Leicester-based dry-cleaning and laundry consumables supplies and machinery business, to Christeyns UK Limited for a cash consideration of £2.1 ...

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McLaren merger adds CAFM to its portfolio of services

McLaren Software, the document control and project collaboration provider has announced the merger with CAFM specialist, FMx Ltd following its acquisition by McLaren’s parent company the Idox Group. FMx Ltd, founded in 1999, provides CAFM (computer aided facilities management) software ...

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VPS must sell SitexOrbis’s GB arm says Competition Commission

The Competition Commission has announced that it requires VPS Holdings Limited to sell SitexOrbis's business in Great Britain. The merger of two leading suppliers of vacant property security services to local authorities and businesses such as residential and commercial landlords, retailers, facilities management companies and insurance firms has been assessed to have the potential to 'harm competition and lead to higher prices for many customers'.

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