Mitie to Acquire TIC Provider Marlowe
Mitie is set to complete the acquisition of Marlowe plc in summer 2025, following shareholder approval. Marlowe provides Testing, Inspection and Compliance (TIC)...
Read Full ArticleWith the addition of Salisbury, Atlas FM will be a £160 million turnover company that employs 8,500 people at over 6,000 sites around the country.
The rationale behind the agreement is to combine Atlas' cleaning and security service offering with Salisbury's facilities management and hard services provision.
The Salisbury brand and management team will remain in place.
"We are delighted to have acquired Salisbury Group. This deal is a sign of our ambitious growth plans for the future, and we are pleased that the Salisbury management team and staff will become part of the Atlas family."
–Chris Wisely
Managing Director, Atlas Group
Atlas was founded 35 years ago as a cleaning company, and has clients such as Arsenal FC, Nationwide Building Society, University of London, British Library, PureGym, HM Courts & Tribunal Service, Civil Aviation Authority and Jungheinrich.
Salisbury was founded in 2013 and has had a record two years of business, winning over £30 million of contracts that include four new agreements with British universities.
Atlas Group Managing Director, Chris Wisely, said: "We are delighted to have acquired Salisbury Group. This deal is a sign of our ambitious growth plans for the future, and we are pleased that the Salisbury management team and staff will become part of the Atlas family. By bringing in Salisbury's excellent facilities services and engineering maintenance capabilities, Atlas now offers the full suite of FM services to our clients."
Salisbury's Group Managing Director, Andrew Lunt, added: "This is a fantastic step for Salisbury and our talented people to become part of an established and fast-growing FM group. Atlas is a business that is owner-operated and focused on providing the best possible service for customers. This culture is completely aligned to our own and alongside the immediate commercial opportunities the deal brings, we can look forward to an exciting future together."
Picture: a black and white photograph of two people wearing Salisbury Group branded workwear. One person is also wearing a protective helmet. Image Credit: Salisbury Group
Article written by Ella Tansley | Published 16 March 2022
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