Acquisition helps expand firm鈥檚 labour force and maintenance group
黑洞社区 and maintenance group ROK has acquired Avonside Services for 拢16.5m.
The company, which was formed in 2003 following a management buy-out, provides plumbing, heating and electrical services to the construction industry.
Avonside's directors will remain at the firm.
The move is part of Rok鈥檚 plans to expand its maintenance arm and increase its numbers of directly employed tradespeople.
Garvis Snook, Rok's chief executive, said: 鈥淎vonside will expand our own labour force where our preference for direct delivery of services is key to customer satisfaction and margin growth.
鈥淭he acquisition also provides a strong platform from which to extend our plumbing, heating and electrical services across the rest of the UK in our pursuit of becoming the Nation鈥檚 Local Builder.鈥�
Last year Avenside reported pre-tax profits of 拢2.2m, and a turnover of 拢42m.
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