The P&M Group Limited, which includes Gloucester composite panel experts ISD Solutions, has acquired the business of coldstore installation specialist Tysoe Holdings.
Through its subsidiary S Tysoe Installations (STI), the Leicester company, has provided subcontract labour to ISD Solutions for over 25 years.
As ISD Solutions continues to grow, with ever more challenging projects from a design and technical perspective, its board felt that being able to source direct labour from in-house would manage a key area of risk. The acquisition will also give ISD Solutions’ clients, who range from large food retailers to major construction firms, a reassurance that it can offer consistent quality.
Commenting on the deal, Andy Moon, Chairman of The P&M Group, added: “As well as supplying specialist labour, STI is involved in areas which complement our existing business, including national service and maintenance coverage for the retail, commercial and industrial coldstore markets and expertise in specialist fire protection. Our businesses know each other well and we have a mutual high level or respect for our achievements and business ethos.”