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MBO confirmed for Quarr Group members

09 January 2018

An agreement has been announced between The Quarr Group founders and directors of its Mountjoy, Nviro and Pabulum subsidiaries for a management buy-out (MBO) for an undisclosed sum.

Announced yesterday, the deal was described as the acquisition of The Quarr Group by an unnamed MBO spokesperson.

“We believe with the right investment in our people we can further develop our already excellent proposition. Mountjoy, Nviro and Pabulum’s shared desire is to enhance the customer experience and be recognised as leading partners in our respective industries.

“Our values will remain as the cornerstone of our business. Working with our great people we aim to deliver sustainable growth over the coming years whilst maintaining the high standards of service delivery our clients have come to expect,” the statement read.

The announcement also confirmed that there will be no change to existing staffing or management structure.

Annual turnover of the group was stated to be in excess of £70m, employing more than 3,000 staff across London and the South of England.

Mountjoy is a provider of building maintenance and construction, Nviro offers contract cleaning and Pabulum is a contract catering supplier.

Clients of the group, which has been operating for over 25 years, include schools, academies, colleges, universities, local authorities, healthcare bodies, social housing providers and commercial businesses.

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