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.

£4.5m deal secures purchase of Elite Cleaning

24 April 2017

Tenon FM has purchased Elite Cleaning & Environmental Services in a deal worth around £4.5m.

Announced earlier today, the news comes less than a month after O&G rebranded to Tenon FM and is part of its plan to continue its expansion on a global basis.

Within its rebranding announcement, the company stated that it planned to grow through both acquisition and organic expansion.

Tenon FM chief executive Tim Hancock said the purchase "simply makes our business better".

"It gives more geographic reach, adds some great skill sets for us to build upon that makes Tenon FM more attractive to new customers and moves us toward becoming an integrated FM service provider," he said.

Elite Cleaning's customers include ITV, BMW, European Development Bank, Dorset and Wilts Fire Services and a number of schools, colleges, medical centres and surgeries.

Employing approximately 1,000 people, there are no plans for redundancies within Elite Cleaning following the change of ownership.

Founder Gerry McGrath will also continue his involvement with the company.

"This a great deal for everyone at Elite and Tenon FM," said Mr McGrath, who said he was impressed "straightaway with the very open and direct manner of the Tenon FM team".

He further emphasised the commercial and cultural synergy between the companies and their teams and said the future holds "an exciting time for us all".


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 Importance of compliance further confirmed by recent asbestos cases

Two incidents involving asbestos in buildings have further emphasised the need for vigilance in all areas of the FM sector to provide protection for building users and avoid the potentially damaging results.Full Story...

Britannia Hotel Group Fly the Nilfisk Flag

Finalists announced for the PFM Partnership Awards 2018

PTSG installs lightning protection at Faraday's former place of work

http://www.fsifm.comhttps://www.abm.co.uk/https://www.emergencyuk.com/pfmb18