Kazera Global Regulatory News (KZG)

2 Jan 2007 07:01

Worthington Nicholls Group plc02 January 2007 Worthington Nicholls Group plc ("Worthington Nicholls" or "the Company") First European hotel contract secured Worthington Nicholls Group plc (AIM:WNG), installers of air conditioning,heating, ventilation and chilled water systems, has secured a contract toinstall new and replacement air conditioning systems with Grand City Hotels &Resorts at the Park Hotel in Amsterdam, worth approximately €350,000. Grand City Hotels & Resorts is a management company of hotels in The Netherlandsand Germany, and is based in Berlin. The hotels managed by the group operateunder various brands such as Steigenberger, Ramada, Intercity Hotels, ComfortInn, Quality Hotels, Mercure, Best Western and Ibis although they have recentlysigned a deal with Intercontinental Hotels Group to re-brand 19 hotels. The Grand City Hotels & Resorts estate has approximately 3,000 additionalbedrooms in Germany. Having won the mandate for the Park Hotel in Amsterdam, theCompany is confident that this will pave the way for further expansion intoWestern Europe. Following this new contract wins, Worthington Nicholls will be the retainedcontractor to 16 hotel groups, and 16 retail chains. Mark Worthington, Chief Executive of Worthington Nicholls, said: "We recognise that to be successful in the European air conditioning market youneed to have reference sites that showcase your ability. This contract givesWorthington Nicholls exactly that and should allow us to approach a number ofour major clients to offer our services within their hotels in mainland Europe." Enquiries: Worthington Nicholls 0870 609 1829Mark Worthington, Chief ExecutiveDavid Levis, Corporate Director Gresham PR Ltd 020 7404 9000Neil Boom/Tanya Feness Corporate Synergy 020 7448 4400Rhod Cruwys/Romil Patel Information on Worthington Nicholls can be accessed via the Group's website:www.worthington-nicholls.co.uk About Worthington Nicholls Group plc Worthington Nicholls operates as principal contractor for delivery of end to endsolutions in the air conditioning market. Its blue-chip clients operate in a number of different market sectors andinclude Hilton Hotels, Holiday Inn Hotels, Debenhams, Boots the Chemist, Arcadiaand McDonald's. The business was established in 1973 by Peter Worthington and has grown to beone of the dominant players in the UK Heating, Ventilation and Air Conditioning("HVAC") market, which is currently estimated to be worth approximately £2billion per annum. Led by Mark Worthington, the Company repositioned itself in 2003 as a supportservices group, moving away from the subcontractor business model common acrossthe HVAC industry. The Company now offers a full project management capability,which includes survey, design and specification, through installation,commissioning and ongoing service and maintenance. Worthington Nicholls operates from its head office in Manchester and regionaloffices in Bedford, Swindon and Edinburgh, and employs approximately 130 people. In June 2006, the Company acquired the entire issued equity of Project AirLimited, a specialist installer of air conditioning systems to the retailsector. Its customers include well-known high street retailers, such as Phones4 U, Hamleys, The Bear Factory, and TM Lewin. Project Air is based in Rugeley,Staffordshire. The business was established in 1992 and today has a total of 23staff including 13 engineers. This information is provided by RNS The company news service from the London Stock Exchange