SPIE extends the reach of its technical facility management business with acquisition of Triosgroup
SPIE, the independent European electrical and mechanical engineering, HVAC services and energy and communication systems company, has acquired Triosgroup, a British long-term provider of facility and property related services based in Birmingham. Triosgroup will enhance SPIE UK’s Technical Facility Management division.
Triosgroup started out as a family business in 1919. It has since expanded steadily and has acted as a national provider of facilities maintenance services, having achieved a FY March 2016 revenue of around £61m.
Operating in the private and public property sectors, including commercial, health, distribution, leisure and retail markets, Triosgroup delivers all of its maintenance and compliance services through three divisions: Property Maintenance, Legal and Statutory Compliance and Access and Security. The company employs approximately 690 people at offices in Birmingham, Enfield, Cirencester, Basingstoke and Warrington.
Diversifying SPIE UK’s end-user markets, both contractually and under framework agreements, the acquisition of Triosgroup grows SPIE UK’s presence in the retail and leisure markets. Its strong presence across the heart of the UK will enhance SPIE’s own offering in the region and help develop its national brand.
James Thoden van Velzen, CEO of SPIE UK, comments: “This acquisition is the next step forward for SPIE’s Technical Facility Management business. We are eager to develop our reach, and with the mobile capabilities Triosgroup provides, we are setting ourselves on a path of significant growth in the sector. We want to welcome Triosgroup’s employees to SPIE UK and express how much we are looking forward to working with them; together we can progress towards a combined vision of developing a business that offers an industry leading quality of service, safety and value for money.”
Sandra Harris, Triosgroup’s Managing Director, added: “We are delighted that Triosgroup will be joining the SPIE Group; this is a fantastic opportunity for our employees, the company and our customers alike, and we can’t wait to collaborate on many new and exciting projects.”