Photo credit: Simon Lee Photography
Vertas Group Limited have acquired a majority stake in million-pound waste management and pest control business MMB Environmental. The purchase comes as Vertas Group moves to become a Total Facilities Management (TFM) provider.
The Warwickshire-based company will be rebranded as Vertas Environmental and will enhance other FM services the group offers, such as property management, security, contract catering and cleaning. MMB has already built up an enviable client list, designing and operating bespoke waste solutions for Bannatyne Group, Global Exhibition Specialists and Zenith Contract Services.
The acquisition strengthens Vertas’ environmental credentials. The company prides itself on having sustainability as a core brand value. Vertas provides catering for approximately 400 schools, and since 2016 MMB has been converting the used cooking oil into biodiesel.
Going forward it is envisaged that this biodiesel will stay within the group, and be used to power grounds maintenance equipment such as lawnmowers and hedge trimmers. The next priority for Vertas Environmental will be to remove as much plastic as possible from group’s catering division.
Organic growth and Acquisitions
Ian Surtees, Vertas Group Limited’s CEO, said: “Through a combination of organic growth and acquisitions, Vertas Group Limited has already developed a diverse range of services from energy to passenger transport.
“The formation of Vertas Environmental completes a missing link, and allows us to add bolt-on services to both new and existing clients. Waste management is a growth area for us and should lead to job creation wherever we secure new contracts.
“This acquisition takes us one step further to our goal of being a total facilities management provider. Having this in-house capability will ensure a seamless service to clients.”
Head Office: Beacon House, Landmark Business Park, White House Road, Ipswich, Suffolk, IP1 5PB
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Vertas Group Limited is one of the fastest growing facilities management companies in the UK, employing 2,600 staff across 400 sites.
The group specialises in building and facilities services including school, commercial and hospitality catering, cleaning, courier, concierge and postal, design and print, grounds maintenance and design, energy management, equipment maintenance, fleet management, mobile and static security, and property management.