Services provider Ecocleen in the UK has completed the acquisition of Regency Cleaning Services in a deal worth up to €2.9 million.
The successful takeover will enable the company to increase its presence within key sectors such as education and motor retail, while expanding its nationwide franchise network.
“Regency Cleaning Services is a likeminded and profitable business that will immediately strengthen a number of existing franchisees while helping us create new franchise areas,” explains Jean-Henri Beukes, managing director of Ecocleen. Its managing director, Darran Penny, will also join us as commercial director, bringing more than 20 years of experience within the cleaning industry.”
Beukes added: “This is the first of a number of strategic acquisitions we are planning as we look to accelerate our growth within the UK. We are seeking further opportunities in London, the South-East, South-West and North-West.”
Related: Ecocleen Franchise
Source: European Cleaning Journal