Acquisitions bring turnover to £10m at FM firm

A contract cleaning business which works with the likes of Quorn, Hitachi and Pendragon is on course to increase turnover past the £10m mark after completing two acquisitions in a month.

Sunderland-headquartered Maxim Facilities Management purchased a counterpart on Tyneside in June and has now bought the cleaning division of Swindon-headquartered Gillsbrook FM Services Ltd, which also has an office in Leeds.

The move brings Maxim's workforce to 1,200 staff and puts it on track to reach a turnover of £20m and a headcount of 2,000 employees within three years.

Graham Conway, founder and managing director at Maxim, said: "We are already the largest independent cleaning and facilities management firm based in the North East, and these acquisitions will support our drive towards becoming a substantial national player in our industry.

"Much of our organic growth has been centred on the education sector where we've been able to take advantage of the trend towards outsourcing for facilities management work and have built up a strong portfolio of clients, most especially across northern England."