BUSINESS

INCENTIVE FM GROUP ANNOUNCES LATEST STRATEGIC M&E ACQUISITION

Martin Athey, Jeremy Waud, Ian Adams, David Adams

Leading independent facilities services  organisation Incentive FM Group has acquired ACE Environmental Engineering Limited , an HVAC design, installation and maintenance specialist with a turnover in excess of  £6.5 million.

Martin Athey, Jeremy Waud, Ian Adams, David Adams

Martin Athey, Jeremy Waud, Ian Adams, David Adams

The strategic acquisition will see ACE complementing and working closely with Comserve Ltd, the mechanical and electrical (M&E) maintenance and installation services company that became part of Incentive FM Group last year, to create a strong national M&E service offering with a multi-skilled mobile engineering workforce in excess of 70 people.

The senior management team, including Managing Director Ian Adams, will be joining Incentive FM Group along with all 45 members of staff, reporting to  Chris Windass, Head of the Group’s M&E activities. The business will continue to operate from its Derby Head Office and to provide services to its existing customers which include Vision Express, Staples, Coventry and Sheffield Hallam Universities and Leicester NHS Trust.

Martin Reed, Managing Director at Incentive FM Group, said: “This strategic move takes our M&E provision to well over £10 million pa which brings it into line with our other established single service lines – security, cleaning, catering and consultancy with total facilities management still being our largest service area at £45m pa. The ACE team is a perfect fit with our organisation, particularly within the retail markets.  Their experience within the public sector will help us to expand into this area and their project management skills will prove invaluable moving forward.”

Ian Adams, Managing Director at ACE Ltd, said: “This move is a great one for everyone as our staff will benefit from more opportunities for career development, whilst our customers can enjoy a broader range of services and support infrastructure. We believe that our specialist knowledge of the HVAC market and our strong customer base means that we will become a valuable part of the Incentive FM Group and we are very excited to maximise the opportunities this brings.”

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