M&E firm expands FM capability
Inviron, the building services and facilities management provider, has purchased the specialist maintenance division of IMI subsidiary Commtech. The acquisition takes effect from 1 August 2009.
The purchase of this division of Commtech has been financed directly by Inviron, which has grown to be a £130m-turnover business since its buyout from ABB in 2003.
Garry Metcalfe, managing director of Inviron and recent winner of an Ernst & Young North & Midlands Entrepreneur of the Year Award, comments: “At Inviron, our primary strategy is to grow organically, which is what we have done. We are also getting closer to our vision of becoming the most respected building services provider in the UK.
“The opportunity to purchase a division of this size, cultural fit and clientele, given our previous experience proved compelling.
“Our immediate task is to ensure customers, employees and suppliers are kept fully informed and are consulted, as appropriate, in the lead up to 1 August, when the unit will be integrated within Inviron.”
IMI has retained ownership of Commtech Ltd and its commissioning division.
Electrical and Mechanical Contractor