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Combined Technical Solutions Acquired by Apleona

Combined Technical Solutions Acquired by Apleona
06 October 2022
 

Apleona has acquired Combined Technical Solutions Limited in a deal which closed on 30 September 2022.

The financial details of the deal have not been disclosed.

CTS, the London and Manchester-based multi-technical facilities management services provider, will join the Apelona brand to strengthen its position as an integrated FM provider in the UK marketplace.

CTS was established in 1999 and has over 180 employees. The company specialises in a range of M&E services to a series of flagship and Tier 1 corporate buildings in London and Manchester, including the contract for repairs and maintenance services for Freshfields Bruckhaus Deringer at 100 Bishopsgate.

Apleona CEO Dr Jochen Keysberg commented: “After Siemens SGS in Austria and FM Solutions in Poland, the successful majority acquisition of CTS in the UK within a few months represents another attractive bolt-on acquisition that will be important for our overall growth and represents an ideal addition to our respective national company in terms of both regional coverage and the service portfolio. In addition to our strong organic growth with new and existing customers and our offers for active support with ESG strategies and for energy savings in existing buildings, these acquisitions will help us continue to support the Apleona Group’s dynamic development.”

Bryan McLaggan, Director of CTS added: ‘We are excited to bring the CTS brand under the Apleona UK banner. This acquisition offers both companies potential to explore new opportunities in all the sectors we serve. Apleona UK’s investment, combined with their strong track record, will bolster our core offering and further defines our footprint in the workplace and facilities industry.’

Picture: a graphic showing Apleona and CTS logos. Image Credit: Apleona

Article written by Ella Tansley | Published 06 October 2022

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