Construction News
09/03/2012
RFM Group Acquires Greenwoods
RFM Group has strengthened its offering with the acquisition of Yorkshire-based Greenwood Estates & Property Maintenance Ltd.
With a current turnover of £500k a year, Greenwoods provides facilities and maintenance services to the Yorkshire commercial property sector and will add some of region's largest property agents including; Dacres Commercial, Savills, CBRE and Carter Towler, to RFM Group's growing client base.
Greenwoods will retain its name and sit under the newly rebranded RFM Group umbrella, alongside its interiors and facilities offerings. This move is part of an aggressive growth strategy by RFM Group, which aims to treble Greenwoods turnover in the next two years. Ian Flanagan, Managing Director, commented on the purchase: "We are delighted to welcome Greenwoods to the RFM Group family. The company has built up a solid reputation in the region and its impressive client base will be a welcome addition to our portfolio. 2012 has already started well for us and we are optimistic for the year ahead. This acquisition has formed a key part of growth strategy and will provide us with fantastic opportunities in new markets."
(CD/GK)
With a current turnover of £500k a year, Greenwoods provides facilities and maintenance services to the Yorkshire commercial property sector and will add some of region's largest property agents including; Dacres Commercial, Savills, CBRE and Carter Towler, to RFM Group's growing client base.
Greenwoods will retain its name and sit under the newly rebranded RFM Group umbrella, alongside its interiors and facilities offerings. This move is part of an aggressive growth strategy by RFM Group, which aims to treble Greenwoods turnover in the next two years. Ian Flanagan, Managing Director, commented on the purchase: "We are delighted to welcome Greenwoods to the RFM Group family. The company has built up a solid reputation in the region and its impressive client base will be a welcome addition to our portfolio. 2012 has already started well for us and we are optimistic for the year ahead. This acquisition has formed a key part of growth strategy and will provide us with fantastic opportunities in new markets."
(CD/GK)
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