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.

Combined effort sees extension of services

09 March 2018

Integrated property services and project delivery provider Styles&Wood Group (S&W) and Southerns Group will be combining their services through members of Central Square Holdings (CSHL).

This was officially confirmed earlier today and follows the delisting of S&W shares on the London Stock Exchange.

The move follows an announcement last December and a vote by shareholders last month to delist from AIM, leading to the move to join CSHL.

Benefits of the move will include the creation of a larger operation with "enhanced capabilities and credible reach across the full spectrum of property services", the announcement stated.

Group chief executive Tony Lenehan said the joining of forces for the two organisations provides "a new chapter" that "creates a truly unique offering within the property services market".

"We believe our new group will bring exciting times for everyone involved and benefits to our customers, employees and partners," he said.

No financial details of the move were stated and S&W were advised by Shore Capital, with Hill Dickinson acting as legal adviser to the group.

CSHL received financial advice from Numis, with KMPG providing debt advice and due diligence.


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