BNP Paribas Finalises Acquisition of AXA Investment Managers
AXA has sold its investment arm to BNP Paribas Cardif for cash proceeds of €5.1 billion. BNP Paribas Cardif is the insurance subsidiary of BNP Paribas, and has...
Read Full ArticlePareto has acquired the maintenance and compliance services business Sowga.
Sowga is a mechanical and electrical engineering business with offices in London, Bristol, Birmingham, and West Sussex and expertise in decarbonisation projects.
The move will allow Pareto to expand its technical services division as it transitions into the Pareto Group, as the parent company of Pareto FM.
James Clarke, CEO of Pareto Group said: “We are delighted to welcome Sowga to Pareto. Sowga’s reputation for engineering excellence, client satisfaction, and commitment to sustainability aligns perfectly with Pareto’s core values. Together, we are positioned to offer an even greater range of services while upholding the integrity and quality that define both companies.”
Aaron Guidice, Managing Director of Sowga added: "Our partnership with Pareto is an exciting step forward for Sowga. This acquisition brings together two businesses with a shared commitment to quality and client satisfaction. With Pareto’s support, we’re looking forward to expanding our capabilities while continuing to deliver the high standards of service that our clients trust."
Picture: a photograph of a person wearing a Sowga-branded jacket, holding a pressure switch. Image Credit: Pareto Group
Article written by Ella Tansley | Published 04 December 2024
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