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.

Temco announces MBO

04 May 2016

Temco Facility Services has announced the completion of a management buyout (MBO) of its UK business.

This follows the previous acquisition of Temco-Euroclean by Atalian earlier this year and the strategic review of operations that followed.

It came into effect on 25 April and is designed to "empower each business to focus on its core strengths and deliver on their respective growth plans", according to the statement released yesterday.

Managing director Andrew Philpot led the MBO: “I am delighted that Temco’s UK division is to emerge as an independent business, stronger and more agile than ever before,” he said.

“We will build on our solid base, evolving and growing at a sustainable pace whilst expanding the scope of our business. I am grateful for the support of both clients and staff, who, without exception, see the MBO as a major opportunity.”

“We have robust systems in place following a recent review, which leaves us in a very strong position operationally.

"With an established and energised management team, and an increased focus on customer service, I look forward to this new chapter in the company’s history.”

Temco won its first UK contract in 2001 and has subsequently developed a client base of blue chip organisations.


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

Support for latest Clean Air Strategy development

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