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.

Strand Group acquired by Prospero Holdings

22 February 2017

Prospero Holdings has announced the purchase of Strand Group, based in the Isle of Man, with immediate effect.

Details of the transaction were not revealed, but includes commercial cleaning company Strand Facilities Services, document management business Storall, commercial refuse collection company Clean A Way and Krypton Cleaning Services.

New owner Prospero Holdings was established on the Isle of Man in 2004 and also has offices in Jersey and Guernsey and the acquisition takes its staff numbers to over 200.

Managing director James Pettigrew said he was "delighted to have acquired Strand Group".

"I've been an admire of Strand Group for a number of years, the business has such a great history and it is comfortably the largest soft services provider on the Isle of Man.

"Historically, the hard services side of Prospero's business has been a lot larger than the soft services side but this acquisition brings that into balance," said Mr Pettigrew.

Strand Group was founded by John Hellowell in 1988 and described the move as providing "obvious synergies" and said it would be "business as usual as far as our clients are concerned", with no job losses resulting from the acquisition.

Mr Hellowell will continue to be in an advisory capacity, before retiring later this year.

Strand Group finance director and company Gill Young, who has worked for the company since it was founded, also plans to retire later in 2017.

Prospero will move into the Strand Group's Sailmaker House, located close to Douglas on the Isle of Man.


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 Competency in FM - part one

Competency in FM is a subject that is attracting attention in the industry and rightly so. Legislation and regulations put the duty to comply on a ‘competent person’ and, more often than not, there is no definition of competent.Full Story...

Former editors celebrate PFM Awards’ 25th anniversary

Partnership formed to support green business development

Legionella discovery forced closure of Staffordshire health centre

http://www.fsifm.comhttps://www.centricabusinesssolutions.com/performance?utm_source=PFM&utm_medium=Newsletter&utm_campaign=CHPhttp://www.pfmawards.co.uk/https://www.daikinapplied.uk/servicehttps://www.ledvance.com/index.jsp