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Inviron continues growth through acquisition

08 July 2009

Inviron has purchased the specialist maintenance division of Commtech, a subsidiary of IMI plc, taking effect from 1st August 2009.

The maintenance division has a number of common clients, and a similar history to Inviron. Its parent company IMI is comparable to ABB, from whom Inviron purchased its services business in 2003.

The Commtech Group specialises in providing energy efficient commissioning and aftercare of buildings around the world from concept through to operation. The purchase of this specialist maintenance division of Commtech, financed by Inviron itself, demonstrates the financial strength the business has achieved, and runs contrary to recent trends in the sector. Inviron has grown over the last five years to become a £130m company,

Garry Metcalfe, Managing Director of Inviron and recent winner of an Ernst & Young North & Midlands Entrepreneur of the Year Award, comments: "At Inviron, our primary strategy is to grow organically, which is what we have done. We are also getting closer to our vision of becoming the most respected building services provider in the UK. The opportunity to purchase a division of this size, cultural fit and clientele, given our previous experience proved compelling. Our immediate task is to ensure customers, employees and suppliers are kept fully informed and are consulted, as appropriate, in the lead up to 1st August, when the unit will be integrated within Inviron."

IMI plc have retained ownership of Commtech Ltd and its commissioning division.

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