Announced
Completed
Financials
Tags
Electronic Security Solutions
Majority
Physical Security Solutions
Domestic
Single Bidder
United Kingdom
Security Equipment
Acquisition
Private
Completed
Friendly
Synopsis
Mitie Group, a provider of a variety of services to both owners and occupiers of commercial and industrial properties, completed the acquisition of RH Irving Industrials, a specialist in security services, for £19m. "R H Irving Industrials is our second security-related acquisition in recent months, reflecting the Group's strategy to invest in high growth, high margin companies in the key sectors of security technology, decarbonisation, and telecoms. The business both complements and enhances Mitie's existing capabilities and customer base. We are delighted to welcome the R H Irving Industrials team to Mitie," Jason Towse, Mitie Business Services Managing Director.
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