SPIE Group Acquires Garside & Laycock to Grow UK Business

SPIE Group Acquires Garside & Laycock to Grow UK Business

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SPIE Group Acquires Garside & Laycock to Grow UK Business PR Newswire LONDON, July 31, 2012 LONDON, July 31, 2012 /PRNewswire/ -- Preston-based building services provider enhances SPIE UK operations in Northern England SPIE has today announced the acquisition of Garside & Laycock to further grow its UK

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SPIE Group Acquires Garside & Laycock to Grow UK Business
PR Newswire LONDON, July 31, 2012
LONDON,July 31, 2012/PRNewswire/ --Preston-based building services provider enhances SPIE UK operations in Northern England SPIEhas today announced the acquisition of Garside & Laycockto further grow its UK business SPIE UK, develop its UK facilities management offering and expand its presence in the North of England. With prestigious clients including the Royal Mail, Her Majesty's Courts Services, Lancashire County Council, University ofManchesterandGreater Manchester Police, Garside & Laycock is an award winning company, specialising in the routine maintenance, reactive and refurbishment service industry within the government and commercial market sectors. Headquartered inPreston, Lancashire, the organisation employs 80 people and achieved turnover of £16M (€21M) in 2011.
James Thoden van Velzen, CEO of SPIE UK, explains:"The acquisition of Garside & Laycock fits our strategic plan to expand our regional coverage in the North ofEnglandand bring niche market skills to widen our FM delivery offering. As a trustworthy hard services provider, this company shares our guiding principles of performance, local presence and sustainability." Paul Garside, Managing Director of Garside & Laycock, says:"From our first meeting it was immediately evident that SPIEUKand Garside & Laycock operate in specialist markets and both have a culture of high quality and customer satisfaction.This unification will ensure a smooth, seamless transition to our clients, expanding the range of services we are able to offer.The integration of Garside & Laycock into SPIEUKensures a sustainable future for the company and most importantly its people and supply chain partners throughout the North ofEngland. Garside & Laycock is both delighted and
excited to be a division of SPIEUKand looks forward to a promising future. SPIE advisors Legal: Mayer Brown, Colin Scagell Finance: Mazars, Danièle Batude
Garside & Laycock advisors Legal: DWF, Frank Shephard Finance: Rothschild, David Weavers
About SPIE UK SPIE UK provide multi technical and support services from initial mechanical and electrical design, through installation, testing, commissioning to long term maintenance and facilities management. SPIE Matthew Hall, SPIE WHS and SPIE Power & Nuclear UK represent the operations of SPIE within the UK. Together, they employ over 2,000 employees from 18 regional offices throughout the UK. SPIE UK achieved pro forma production of £305m in 2011. About SPIE As a European leader in electrical and mechanical engineering and HVAC services, energy and communication systems, SPIE enhances the world around us by helping local and regional authorities and companies design, build, operate and maintain more energy-efficient and environmentally-friendly facilities. With 29,055 employees working from more than 400 locations in 31 countries, SPIE achieved pro forma production of €4.047 billion and generated EBIT of €218.2 million in 2011. http://www.spieuk.com http://www.spie.com