Notts group welcomes £1m injection
T&S Group - the Nottinghamshire business which features an expanding electrical contracting division - has received new investment and additional management expertise.
Stephen Ross joins the T&S Group board and at the same time has invested more than £1m into the business, which includes mechanical and electrical contracting, security engineering, windows and furniture divisions in its portfolio.
Ross’ main business interest is in Falk & Ross Group, a German-based clothing and fashion business, but other investments cover real estate, textiles, assisted living, wholesale and finance.
Commenting on joining the T&S Group board, Stephen Ross said: “T&S offered a rare investment opportunity in an otherwise bleak world market. It is a young company which boasts strong management and great commitment and has successfully expanded into new niche areas.
"I am now looking forward to working in the T&S team, playing a part in strategic planning and working on new financial planning and reporting procedures.”
Electrical and Mechanical Contractor