Morris & Spottiswood has expanded its operations further south in the UK with the acquisition of the former ISG Cathedral business. This strategic move brings new offices in Whitstable, Bristol, and Huntingdon into the fold. Reports Contract Journal
The acquisition also includes the addition of 111 former ISG employees, who will now join the company, including the senior management team led by Kevin Dengate.
As part of this growth, a new division, Morris & Spottiswood England, will be established, complementing the existing Morris & Spottiswood Scotland and Livingston M&E divisions.
This deal is anticipated to generate up to £100m in revenue over the next 15 months, boosting the group’s overall turnover to a projected £265m.
Jon Dunwell, Chief Executive Officer of the Morris & Spottiswood Group, said: “The demise of ISG was sad news for the construction sector, causing significant disruption to valued clients and affecting many of our industry peers.
“We are pleased that as an agile family-owned business we have been able to move quickly to bring some stability to the situation, offering continuity and assurances of longevity to our new colleagues and clients alike.