Operating in the West Midlands Kingfisher design, builds and provides maintenance services in the social housing sector

黑洞社区 and maintenance services provider ROK has acquired social housing specialist Kingfisher for 拢4.5m.

Based in the West Midlands, Kingfisher provides planned maintenance services to local authorities and housing associations in the region. The firm also designs and builds homes for social and care housing sectors.

Rok will pay 拢1.1m of the 拢4.5m asking price in shares, while 拢1m will be deferred pending Kingfisher鈥檚 year-end results.

Last year Kingfisher reported pre-tax profits of 拢0.9m.

Rok recently revealed a 10% increase in turnover for the six months to June 30 2006. In a trading update, it also announced that it had won 拢300m of work in the social housing sector.