27 October 2016 | Herpreet Kaur Grewal
Facilities management service provider Servest has acquired the building services contractor Arthur McKay, FM World can reveal.
Servest identified the contractor, which has offices throughout the UK as "a good strategic fit for their existing building services division".
Arthur McKay delivers services ranging from mechanical and electrical to networks and FM services. The acquisition will help Servest expand and develop its technical expertise, in addition to extending the organisation's geographical reach.
Rob Legge, group chief executive UK and Europe at Servest, told FM World: "As a group we had been looking to bolster our M&E capability over the last few years we have been negotiating with Arthur McKay since January last year and we are pleased that we have concluded the acquisition."
Legge said: "We want to grow a significant facilities management group within the United Kingdom and Europe and we see Arthur McKay as being a very key reputable business that will help us achieve our goals."
The senior management team will remain in place to facilitate the transition.
Edinburgh-based Arthur McKay was founded in 1958 and the company's customer base is varied across multiple, private and public sectors. The company is currently on the top 50 FM companies list, and has a turnover of £125 million.