The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Wednesday, 5 August

Eco To Expand Franchise Footprint

Jean-Henri Beukes MD and Henry Beukes executive chairman of Ecocleen
05 September 2019 | Updated 09 September 2019
 

Commercial contract cleaning provider Ecocleen, is targeting a number of acquisitions over the next 12 months to accelerate its expansion within the UK.

The company is eyeing opportunities in London, the South-East, South-West and North-West to enhance its nationwide network and support robust organic growth.

Says Jean-Henri Beukes, Managing Director of Ecocleen: “We are looking to speed-up our expansion plans through a number of strategic acquisitions in key regions. We are looking for like-minded commercial cleaning businesses that possess particular focus in the education, primary care, manufacturing and office sectors that will strengthen our existing operation and enable us to create new franchise areas. Once integrated within the nationwide network, we will seek suitable investors both in the UK and internationally who can add value to our business.”

Ecocleen is one of the UK’s fastest-growing franchised cleaning businesses, with growth of more than 75 per cent since a management buy-out in 2017. The company is expected to reach an annualised turnover of £14 million in 2019 and is targeting revenues of £20 million by the end of 2020. Future expansion is expected to be achieved by a combination of organic growth and strategic acquisition. 

Beukes continues: “We are in the process of identifying suitable regional companies that meet our criteria in terms of culture, capabilities and profitability. They will typically have a turnover of around £5 million, but we are considering businesses with a turnover of £500,000 and upwards if particularly complementary. We are also offering multiple exit options for existing owners, which can be aligned to their present and future aspirations.”

Ecocleen currently services 13 million sq ft of office, retail, education, healthcare and industrial space, handling contracts of all sizes for both private and public sector organisations.

Picture: Jean-Henri Beukes MD and Henry Beukes executive chairman of Ecocleen

Article written by Brian Shillibeer | Published 05 September 2019

Share



Related Articles

Vision Expressed - Mitie Splashes Cash On Security Group Having Dispensed With Pests

Mitie has moved as fast as it can to acquire Vision Security Group from Compass for £14 million having just sold its pest control business for £40 million to...

 Read Full Article
Staying Safe With Corrosive & Toxic Cleaning Chemicals

Cleaning products are an everyday necessity in the workplace but they can also be toxic or corrosive. Here, Lauren O'Connor from the PPE, tools and cleaning products...

 Read Full Article
Interserve To Suffer Complete Loss Of Power

ThisWeekinFM contacted Interserve on Wednesday Feb 21 morning when a spokesperson confirmed the closure of the company's power business. The spokesperson said:...

 Read Full Article
Exclusive Contracts Appointed to Clean H&M Stores

Fashion retailer H&M has appointed Exclusive Contract Services to provide cleaning services to stores in the east and south-east of England. Exclusive Contracts...

 Read Full Article
Mitie Appoints Integration Director to Support Interserve Merger

Mitie has today announced that Karen Thomas-Bland will take up a newly created role as Programme Integration Director for Mitie’s merger with Interserve’s...

 Read Full Article
Clean for Good Report Reveals Need for More Ethical Outsourcing

The potential dangers that employers face when they outsource cleaning services have been outlined a report, forwarded by Dr Eve Poole. According to recent research by...

 Read Full Article
Tesco Axes Contract Cleaners in Almost 2,000 Stores

From August 2020, existing Tesco Express and Metro store staff will be responsible for certain cleaning duties. Employees in the retailer's smaller...

 Read Full Article
Funds from Rights Issue Expected To Support Interserve Acquisition, says Mitie

The acquisition of Interserve’s Facilities Management business is conditional on the approval of Mitie’s shareholders, and expected to be completed in or...

 Read Full Article
Churchill to Provide Cleaning and Janitorial Services to the Scottish Police Authority

Churchill Group has secured a multi-site contract with the Scottish Police Authority (SPA), beginning this month. They will provide cleaning and janitorial services on...

 Read Full Article
London-Based FM Company Seeks Acquisitions

BVC Facilities is on the hunt for facilities management company acquisitions to grow their business to £10 million by June 2021. BVC told ThisWeekinFM that they...

 Read Full Article