LONDON, July 31, 2012 /PRNewswire/ --
Preston-based building services provider enhances SPIE UK operations in Northern England
With prestigious clients including the Royal Mail, Her Majesty's Courts Services, Lancashire County Council, University of Manchester and Greater Manchester Police, Garside & Laycock is an award winning company, specialising in the routine maintenance, reactive and refurbishment service industry within the government and commercial market sectors. Headquartered in Preston, Lancashire, the organisation employs 80 people and achieved turnover of £16M (€21M) in 2011.
James Thoden van Velzen, CEO of SPIE UK, explains: "The acquisition of Garside & Laycock fits our strategic plan to expand our regional coverage in the North of England and bring niche market skills to widen our FM delivery offering. As a trustworthy hard services provider, this company shares our guiding principles of performance, local presence and sustainability."
Paul Garside, Managing Director of Garside & Laycock, says: "From our first meeting it was immediately evident that SPIE UK and Garside & Laycock operate in specialist markets and both have a culture of high quality and customer satisfaction. This unification will ensure a smooth, seamless transition to our clients, expanding the range of services we are able to offer. The integration of Garside & Laycock into SPIE UK ensures a sustainable future for the company and most importantly its people and supply chain partners throughout the North of England. Garside & Laycock is both delighted and excited to be a division of SPIE UK and looks forward to a promising future.
Legal: Mayer Brown, Colin Scagell
Finance: Mazars, Danièle Batude
Garside & Laycock advisors
Legal: DWF, Frank Shephard
Finance: Rothschild, David Weavers
About SPIE UK
SPIE UK provide multi technical and support services from initial mechanical and electrical design, through installation, testing, commissioning to long term maintenance and facilities management. SPIE Matthew Hall, SPIE WHS and SPIE Power & Nuclear UK represent the operations of SPIE within the UK. Together, they employ over 2,000 employees from 18 regional offices throughout the UK. SPIE UK achieved pro forma production of £305m in 2011.
As a European leader in electrical and mechanical engineering and HVAC services, energy and communication systems, SPIE enhances the world around us by helping local and regional authorities and companies design, build, operate and maintain more energy-efficient and environmentally-friendly facilities.
With 29,055 employees working from more than 400 locations in 31 countries, SPIE achieved pro forma production of €4.047 billion and generated EBIT of €218.2 million in 2011.