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 provides additional international expansion

03 April 2017

City Facilities Management (CFM) has announced the acquisition of Lesprit for an undisclosed sum.

Trading as Maintenance Management in the UK and Atrium Maintenance France in Europe, both Lesprit divisions will now become part of CFM.

They will, however, continue to operate from their respective head offices in Milton Keynes and Lille, France.

The purchase also marks the exit of LDC as Lesprit's institutional investor, which has been involved since 2012.

In addition to expanding the CFM UK operation, the acquisition sees it extending its reach into mainland Europe.

CFM chief executive officer Michael Hughes said the purchase forms part of his company's long-terms aims to "extend our global reach".

It now employs nearly 13,000 people and operates across Europe, Asia, Australia and North America.

"There is a great deal of synergy between City and the MML and AMF businesses and we share in the belief of not only delivering world class services but also constantly innovating to maintain long term partnerships with our customers," said Mr Hughes.


Print this page | E-mail this page

MOST VIEWED...


Article image EXCLUSIVE Booked in the Library

How a London college uses sensor technology to eliminate students’ complaints about insufficient study spaceFull Story...

Article image PFM Awards 2017 categories announced

Categories for the PFM Awards 2017 have been finalised, with two new awards added this year.Full Story...

NJC identified in London Stock Exchange Group’s ‘1000 Companies to Inspire Britain’ report

Understanding contract costs

CMG partners with PFM Awards 2017

http://www.fsi.co.ukhttps://www.emergencyuk.com/pfm2http://zipcommercial.co.uk/http://www.cyclepods.co.uk/