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Managed Support Services acquires Delrac |
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Monday, 29 June 2009 |
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Managed Support Services, formerly known as Worthington Nicholls and one of UK's leading suppliers of quality building solutions, has acquired Delrac Services, a London based air conditioning maintenance and service company, thus merging the business with MSS Southern division, the development platform for all Managed Support Services' activities in the south of England.
"With the benefit of enlarged cash balances, the Board is now able to review a broad range of acquisitions. Potential transactions are being examined within the building services sector and in other markets where the Board's management experience is applicable, stated MSS chief executive Simon Beart in a company announcement.
According to Managed Support Services, the company expects to further grow anytime soon. "It is to be hoped that in the next twelve months the scale and activity of the group can be transformed, either by a substantial transaction or by undertaking a range of smaller acquisitions in related markets offering consolidation gains".
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