The acquisition of Aran Group comes just three months after M Group took over AgilityEco, which also provides home improvement services focused on energy efficiency improvements.
As part of the acquisition, 62 people from Aran will be joining AgilityEco.聽 They will continue to operate under the Aran brand for now, with eventual integration with the AgilityEco brand planned.聽 AgilityEco will continue to deliver services through its network of subcontractors as well.
Aran was incorporated in 2012 and works for local authority and social housing clients. 聽With the addition of Aran, AgilityEcoplan plans to scale its operations to upgrade more than 28,000 homes in 2026.聽
AgilityEco managing director Sharon Johnson said: 鈥淚 am delighted to welcome Aran to AgilityEco. With Aran鈥檚 complementary skills, particularly in the social housing space, and high-quality retrofit installation expertise, we will be able to expand our platform to deliver for our clients. This deal will also create new opportunities for our dedicated supply chain network.鈥�
M Group chief executive Andrew Findlay said: 鈥淲elcoming Aran to M Group advances our ambition to be industry leaders in climate action, drive sustainable growth and play our part in building an energy efficient economy, and so help the people, communities and economies of the UK and Ireland adapt to a changing world.
鈥淎cquiring Aran deepens our home decarbonisation expertise and capabilities and accelerates the growth of our 拢2.5bn professional services business. Our ambitious growth strategy reflects a combination of organic and inorganic growth to enhance our capabilities to deliver even greater value to our clients.鈥�
The deal with Aran brings the number of businesses acquired by M Group to 21 since 2016.
Got a story? Email news@theconstructionindex.co.uk
