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Mears aquires Morrison

Mears, the UK's leading provider of social housing repairs and maintenance services, is delighted to announce the acquisition of Morrison Facilities Services Limited ('Morrison'). The acquisition of Morrison for £24 million reinforces Mears' position within social housing.

Morrison, who has in excess of 2,500 employees. delivers services to social housing clients in the UK, including Manchester City Council, Home Group, Leeds City Council, North Lanarkshire Council and
Lambeth Living. The Morrison contract base fits well with Mears' structure and service delivery ethos.

Theacquisition increases Mears' capability and experience of running very large contracts. The enlarged Group will combine expertise and resources to deliver the best possible service for our customers.
David Miles, Mears Group Chief Executive said: "This is an exciting acquisition for Mears and we look forward to welcoming Morrison staff to the Mears family. I am confident that this will bring benefits for clients,
tenants and staff.

"We will work closely with all partners to ensure a smooth a transition as possible towards an integrated,
sustainable, customer focussed Group."


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