M&A Deal Summary

Mears Group Acquires Morrison Facilities Services

On November 8, 2012, Mears Group acquired business services company Morrison Facilities Services from Wm Morrison Supermarkets for 24M GBP

Acquisition Highlights
  • This is Mears Group’s 1st transaction in the Business Services sector.
  • This is Mears Group’s largest (disclosed) transaction.
  • This is Mears Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2012-11-08
Target Morrison Facilities Services
Sector Business Services
Buyer(s) Mears Group
Sellers(s) Wm Morrison Supermarkets
Deal Type Divestiture
Deal Value 24M GBP

Target

Morrison Facilities Services

London, United Kingdom

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Buyer(S) 1

Buyer

Mears Group

Gloucester, United Kingdom

Category Company
Founded 1988
Sector Business Services
Employees5,500
Revenue 1.1B GBP (2023)
DESCRIPTION

Mears Group is a support services group to social housing and care sectors. Company maintain, repair and upgrade the homes of hundreds of thousands of people in communities from remote rural villages to large inner-city estates. Mears Group was founded in 1988 and is based in Gloucester, the United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 2 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-28 Supporta

Warwick, United Kingdom

Supporta plc is a provider of outsourcing services to the public sector in the United Kingdom.

Buy -

Seller(S) 1

SELLER

Wm Morrison Supermarkets

Bradford, United Kingdom

Category Company
Founded 1899
Sector E-Commerce
Employees118,000
Revenue 17.6B GBP (2021)
DESCRIPTION

Wm Morrison Supermarkets is an online food retailer. Morrison business is mainly food & grocery and, uniquely, they source & process most of the fresh food that we sell though our own manufacturing facilities. Wm Morrison Supermarkets was founded in 1899 and is based in Bradford, United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-02 World Flowers

Hook, United Kingdom

World Flowers Ltd supplies cut flowers in the United Kingdom. It imports and supplies flowers to retail multiples, specialist florists, and the e-commerce industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-15 Kiddicare

Peterborough, United Kingdom

Kiddicare is a baby and nursery product retailer. Kiddicare was founded in 1974 by Neville and Marilyn Wright and has its own state-of-the-art distribution facility and operates the largest baby nursery equipment retail store in Europe.

Sell £2M