19 February 2018 | Herpreet Kaur Grewal
International facilities management provider Servest has acquired the Aktrion Group, a specialist provider of bespoke manufacturing support services.
Aktrion runs critical parts of clients' operations on a outsourced contract basis.
The acquisition will see the Aktrion's annual turnover increase to in excess of £1 billion globally.
The transaction will enable Servest to play a role in the global manufacturing market.
Rob Legge, group CEO at Servest, said: "Through a combination of organic and acquisitive growth, Aktrion has successfully developed a worldwide business, with a strong presence in printing, automotive, food and transport sectors, supporting its blue chip client base."
He added: "This acquisition will therefore enable Servest to gain a larger footprint in these sectors, and will allow us to increase our presence in Europe - as we will now operate across 10 European countries. The demand for complex, integrated solutions will ensure our growth will continue to accelerate moving forward."