11 March 2015
Cordant Services has acquired two specialist companies from the UKFM Group.
The acquisition is of air conditioning businesses Thermotech Engineering Services and G8 Environmental Solutions – both businesses will become part of Cordant’s new technical projects division, enhancing its HVAC engineering capacity.
Cordant expects the acquisitions to enable it to self-deliver technical project services through its Cordant Technical division.
About 60 staff will move to Cordant Services under TUPE rules, with the existing management team across both businesses remaining in place. Managing director Darren Abernethy has been tasked with delivering a long-term growth plan, with Cordant hoping that this continuity of management will ensure existing UKFM contracts will not be affected by the acquisition.
The two companies will retain the UKFM identity for a short period before being integrated into Cordant Technical.
Chris Kenneally, chief executive of Cordant Services, said: “This acquisition represents the next stage of our strategy to expand our service line capability and become the UK’s leading facilities services business.”