Morrison Facilities Services
Company type | Subsidiary |
---|---|
Founded | 2006 |
Defunct | 2012 |
Headquarters | Stevenage |
Website | www.mearsgroup.co.uk |
Morrison Facilities Services was a United Kingdom based company that specialised in providing facilities services to private businesses and central and local government bodies.
The core area of the business was repair and maintenance of social housing. It was a subsidiary of Anglian Water Group until acquired and (later) merged by Mears Group in 2012.[1][2]
History
[edit]In September 2000, Morrison Construction was purchased by Anglian Water Group Plc and subsequently delisted.[3]
The construction division of the business was sold in 2006 to Galliford Try.[4] The remainder of the business was split into two divisions, Morrison Facilities Services and Morrison Utility Services. Two years later, AWG sold the Utility Services division to two private equity firms, Cognetas and Englefield Capital for £235 million.[5]
The company launched a business partnership in September 2006 with Manchester City Council, which lasted for ten years.[6] The contract was extended for £20 million July 2010 for an additional two years and eight months.[7]
AWG sold Morrison Facilities Services in 2012 to Mears Group for £24 million.[8]
References
[edit]- ^ "MEARS GROUP BUYS MAINTENANCE BUSINESS". insidermedia.com. 8 November 2012. Retrieved 25 July 2022.
- ^ "Mears aquires [sic] Morrison". mearsgroup.co.uk. 8 November 2012. Retrieved 25 July 2022.
- ^ "AWG sues Morrison Chiefs over 'misrepresentation'". theguardian.com. 5 February 2003. Retrieved 23 July 2022.
- ^ "AWG sells building arm to Galliford". telegraph.co.uk. 2 March 2006. Retrieved 23 July 2022.
- ^ "AWG sells Morrison utilities services division". theherald.co.uk. 8 March 2008. Archived from the original on 12 February 2009. Retrieved 23 July 2022.
- ^ "Partnership launched". manchestereveningnews.co.uk. 8 September 2006. Retrieved 10 June 2024.
- ^ "Morrison gets £20m contract extension". constructionnews.co.uk. 28 July 2010. Retrieved 10 June 2024.
- ^ "Morrison buy out is 'biggest move' in Mears' history". Inside Housing. 8 November 2012. Retrieved 30 January 2025.