ACME Facilities Group completes acquisition of Severn Catering Services
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Gloucester based Severn Catering Services Limited has been acquired by ACME Facilities Group for an undisclosed value.
Severn Catering Services was snapped up just 6 months after the business came on to the market, after several parties expressed their interest in acquiring the company.
Established for 30 years, Severn Catering Services offers reactive breakdown service and preventative maintenance to the catering industry, employing manufacturer trained electricians and over 30 Comcat Gas Engineers throughout the UK.
The company also supplies gallery refits and laundry maintenance services to the off-shore industry through its marine specialists and has built up a professional association with major companies such and P&O, Carnival, Irish Ferries and V-ships.
The acquisition will allow ACME Facilities Group, which offers refrigeration and air conditioning, kitchen design, fabrication, cold rooms and after sales, to expand on their service offering within the catering equipment market.
Chris Hopkins, outgoing Managing Director, will remain within the company for the foreseeable future to assist with the transition.
Tom Eatough, Deal Executive at KBS Corporate, who assisted with negotiations said: “Severn has a great reputation within the industry and I am pleased that we managed to secure a buyer in such a short period of time.
“I am sure that ACME will build on Severn’s success to date and I would like to wish both parties all the best with their future endeavours.”