Doors Open On Billion Pound Servest-Aktrion Acquisition

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• Doors Open On Billion Pound Servest-Aktrion Acquisition

20 February 2018 | Updated 01 January 1970

Servest Group has acquired Aktrion, an international specialist in manufacturing support services - running critical parts of clients’ operations on a contract outsourced basis. The acquisition sees the Group’s annual turnover increase to over £1 billion globally.

The transaction will enable Servest to play a role in the global manufacturing market, enabling development of integrated solutions.

“Through a combination of organic and acquisitive growth, Aktrion has successfully developed a worldwide business, with a strong presence in printing, automotive, food and transport sectors,” said Rob Legge, Group CEO at Servest. “This acquisition will enable Servest to gain a larger footprint in these sectors, and will allow us to increase our presence in Europe as we will now operate across 10 European countries.”

Better margins

Legge also recognises that Aktrion's profit margins are higher than those of Serviest (and many FM service providers) and will give Servest more stability.

Servest also relatively recently invested in the purchase of Atalian and took a stake in technology business Getronics. Again with a view to finding better margin strategies.

Ben Pearson, Aktrion’s chairman said: “We believe this is a positive move for Aktrion – we’re really excited to offer existing customers the chance to benefit from Servest’s solutions.”

Under the Aktrion Group banner sit Automotive (production support, warehousing & logistics, packaging, fork lift truck services); Food (staffing services, hygiene, cleaning, bakery tin cleaning, process engineering & equipment, logistics, waste management); Logistics (consultancy services for process efficiency, courier services); Transport (professional services, compliance engineering, value engineering, fire safety including the preparation of fire risk assessments, emergency planning to avoid business interruption, training, health & safety including construction design & management, accident investigation & incident reporting); facilities (cleaning, security, catering, grounds, technical services and help desk); and operations (document management, print services, consultancy, staffing services, manufacturing services).

The Aktrion Group employs 3,000 worldwide and has a turnover of £100 million.

Picture: The door has opened for Servest for the major acquisition of Aktrion

Article written by Brian Shillibeer | Published 20 February 2018

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