Mortice cleans up with £4.5m Elite acquisition
Manchester-based Elite Cleaning & Environmental Services has been acquired by Mortice, the AIM-listed security and facilities management company and its wholly-owned subsidiary, Tenon Facility Management UK for £4.5m.
Founded in 1994, Elite has about 1,000 employees and offers a full range of cleaning services as well as additional facilities management services and support services.
It achieved revenues of £12.3m and EBITDA of £1m for the year ended December 31.
Its key services cover office, industrial, school and he... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
