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M&E business acquisition announced

06 June 2016

Incentive FM Group has announced the acquisition of ACE Environmental Engineering for an undisclosed sum.

ACE is an HVAC design, installation and maintenance provider, with turnover in excess of £6.5m.

Described as a strategic acquisition, it will see the company work closely with group's Comserve M&E division, purchased by Incentive last year.

The intention is to create a national M&E services with a multi-skilled mobile engineering workforce in excess of 70 people.

It was reported that the ACE senior management team, including managing director Ian Adams, will join Incentive, along with all 45 members of staff.

The management team will report to head of Incentive M&E activities Chris Windass and will continue to operate from the Derby headquarters.

Existing ACE customers include Vision Express, Staples, Leicester NHS Trust and Coventry and Sheffield Hallam Universities.

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