BREAKING: Mitie Group makes major acquisition
James Thorpe
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Integrated security systems provider R H Irving has been acquired by Mitie Group.
This is yet another of the group’s major acquisitions in recent times, with Mitie Security having taken over the leading risk management consulting business, Linx International Group, in April.
Numerous sources have suggested that the R H Irving acquisition is valued at approximately £19m.
‘Acquisition reflects group’s strategy’
R H Irving Industrials (R H Irving) is trusted to deliver complex installation and service and maintenance of perimeter security systems for the utility, military, manufacturing and wider sectors.
Not only does the acquisition strengthen Mitie’s fire and security systems capabilities, R H Irving Industrials’ earthing services are also of strategic importance.
Jason Towse, Managing Director, Mitie Business Services said: “R H Irving Industrials is our second security-related acquisition in recent months, reflecting the group’s strategy to invest in high growth, high margin companies in the key sectors of security technology, decarbonisation and telecoms.
“The business both complements and enhances Mitie’s existing capabilities and customer base.
“We are delighted to welcome the R H Irving Industrials team to Mitie.”