Ecosesv Group diversifies with £3.5M Cooltech acquisition

21 January, 2022

Ecoserv Group has completed the purchase of Cooltech Environmental Engineering Ltd in a £3.5 million deal.

The acquisition of the Slough-based maintenance specialist is the first since Ecoserv rebranded from Ecocleen and announced its plans to become a multi-service facilities management business.

Cooltech provides mechanical, electrical, HVAC and water hygiene services to a wide range of premises and works with many of the UK’s leading property managing agents. Launched in 1992, the company has a turnover of £7.5 million and is recognised as a leading maintenance partner within the FM marketplace. Cooltech’s 40-strong team, including a network of on-site and mobile engineers, supports 100 customer locations in and around the M25 in the commercial residential, office, retail and hospitality space.

‘Red tape scrapping is welcome – but more policy changes are needed’

The CEO of heat pump manufacturer Aira UK has said the government’s new proposals to scrap planning red tape for the installation of heat pumps in the UK will be a big breakthrough for the industry and consumers – but more policy changes are needed.

New procurement rules for NHS suppliers

New procurement rules mean NHS suppliers will need to demonstrate their green credentials so the NHS can achieve its target of becoming net zero for directly-controlled emissions by 2040, with an ambition to reach an 80% reduction in its carbon emissions between 2028 to 2032.

Calendar

Submit event

Tweets by MBS_magazine