Facilities management group Vertas expands with acquisition of MMB Environmental
PUBLISHED: 15:56 19 March 2018 | UPDATED: 17:21 19 March 2018
Ipswich-based Vertas Group has continued its drive to become a total facilities management provider with the acquisition of a majority stake in waste management and pest control business MMB Environmental.
The Warwickshire-based company, which will be rebranded as Vertas Environmental, will complement the group’s other facilities management services which include property management, security, contract catering and cleaning.
Ian Surtees, Vertas Group chief executive, said: “Through a combination of organic growth and acquisitions, Vertas Group Limited has already developed a diverse range of services from energy to passenger transport.
“The formation of Vertas Environmental completes a missing link and allows us to add bolt-on services to both new and existing clients. Waste management is a growth area for us and should lead to job creation wherever we secure new contracts.
“This acquisition takes us one step further to our goal of being a total facilities management provider. Having this in-house capability will ensure a seamless service to clients.”
Vertas is one of the fastest-growing facilities management companies in the UK, employing 2,600 staff across 400 sites.
MMB has a client list which includes names such as Bannatyne Group, Global Exhibition Specialists and Zenith Contract Services.
The value of the deal has not been disclosed.