This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Acquisition adds technical services capabilities and uniquely positions ABM to deliver complete solutions to clients in the UK

10 December 2015

ABM, a provider of facility solutions, announced it has signed a definitive agreement acquiring Westway Services Holdings (2014). (“Westway”), a provider of technical engineering services to customers in the United Kingdom (U.K.), in an all cash deal

With annual revenues of £54 million (approximately U.S. $81 million), the acquisition adds to the Company’s current strength in the U.K. and supports ABM’s transformation to a solutions-driven business. The terms of the transaction were not disclosed.

“The acquisition is a natural fit, in line with our long-term strategic vision, and continues our focus in areas where we can achieve higher margins and deliver greater value to our stakeholders,” said Scott Salmirs, president and chief executive officer, ABM. “Building upon our Aviation vertical through OmniServ and the GBM acquisition, recently rebranded as ABM U.K., Westway will allow ABM to expand into market adjacencies and deliver complete solutions, including deep technical services, to our clients in the U.K.”

Founded in 2000, Westway is a technical facility services provider and offers technical engineering services such as heating, ventilation, air conditioning, refrigeration, electrical installations, building management systems, planned preventative maintenance, and reactive maintenance services. The company is based in South Ruislip, West London and has approximately 540 employees.

“Westway has a tremendous reputation for high-quality and premium service which differentiates them in the marketplace,” said John Spencer, managing director, ABM U.K. “We are very excited about the strength that Westway will bring to ABM, and are confident that they will enhance our ability to deliver integrated facilities management capabilities.”

The combination of ABM and Westway will open up rich solution selling opportunities across the companies varied customer bases. The deal will allow ABM to immediately extend Westway’s mechanical, electrical and core service lines to its current U.K. customer base. In addition, it offers the opportunity to cross-sell ABM’s leading services to existing Westway clients.

Becoming part of ABM will also open up new opportunities for Westway employees to pursue professional development and expand their personal opportunities. The company will continue to be led by its current management team.

“Today’s announcement further enhances our growth opportunities and the ability to provide our clients with additional services and resources,” said Andy Donnell, managing director, Westway. “We believe we can substantially leverage our capabilities as a combined entity and are confident that our clients and employees will benefit greatly from the combination of our businesses.”


Print this page | E-mail this page

MOST VIEWED...


Article image Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the rubbish for general collection.Full Story...

Article image Supply chain business owner speaks out on anniversary of Carillion collapse

Owner of Johnson Bros (Oldham) Neil Skinner has spoken of the severe difficulties experienced by his company through working with Carillion on the anniversary of the company’s collapse.Full Story...

Momentum increases to improve supply chain payment

Payment concerns continue after Carillion failure anniversary

The Cleaning Show Adds More Sparkle With Major FM Names For 2019

http://www.fsifm.comhttps://www.pickfords.co.uk/https://cleaningshow.co.uk/londonhttps://www.daikinapplied.uk/servicehttps://www.plantdesigns.co.uk/