Premier Modular has announced the acquisition of NetZero Buildings by the Premier Group for an undisclosed sum.
NetZero Buildings and Premier Modular are both part of Cabot Square’s private equity portfolio. NetZero Buildings specialises in the design, manufacture and delivery of some of the UK’s most energy-efficient school buildings. It is an award-winning offsite manufacturer and leasing specialist, and has a number of flagship low carbon education schemes currently underway following its success on the multi-billion pound Department for Education MMC1 framework.
Commenting on the acquisition, David Harris, MD of Premier Modular, said: “Premier offers new routes to market for NetZero Buildings and the opportunity to deliver their innovative building solutions to new customer segments in addition to their strong presence in the education sector.
“The NetZero team brings tremendous expertise in sustainable building solutions which will supercharge our strategy for Premier to become a market leader in the delivery of low carbon buildings to the benefit our customers and the communities in which we live and work.”