SGD17 Apr 2009 16:14
Sectorguard plc has,through its 100% owned subsidiary legion services limited acquired the contracts of CRAFT SERVICES GROUP LIMITED, ( in administration ) for a consideration of £99,000 the contracts worth an annual value of £10 million provide secirity and facilities services to shopping centres,property groups and commercial organisations some 400 employees of craft services group lmt have transferred ( under tupe conditions ) over to legion group plc along with a number of the management team.
sectorguard plc is now a top 10 provider of manned guarding within the uk and has over 3200 employees group-wide,the comapny will continue with its intergration plan of both business units and has identified aproximately £3 million of consolidation savings per annum in the process.
The intergration process will be completed by the end of may 2009.
These guys have bought this contract at a bargain price worth 10 million a yr time to buy this while it is still cheap.
check it out yourself
http://www.investigate.co.uk/article,aspx?id=200904160700106369q
Or check there website out it has it there too.