Ecocleen has completed the acquisition of Regency Cleaning Services, a family-owned cleaning business based in Henley-on-Thames, in a deal worth up to £2.5 million. The successful takeover will enable the company to increase its presence within key sectors - most notably education and motor retail - while expanding its nationwide franchise network.
“Regency Cleaning Services is a like-minded and profitable business that will immediately strengthen a number of existing franchisees while helping us create new franchise areas,” said Jean-Henri Beukes, managing director of Ecocleen. “Its cleaners, supervisors and managers share our passion for service excellence and innovation, so will be valuable additions to our team. Their MD, Darran Penny, will also join us as commercial director and brings more than 20 years of experience within the cleaning industry.”
With an annual turnover in excess of £4 million, Regency Cleaning Services operates throughout Berkshire, Buckinghamshire and Oxfordshire supporting over 100 clients. The company’s team of over 500 staff are responsible for delivering cleaning, waste management, porterage, and maintenance services to a variety of private and public sector sites such as schools, nurseries, offices, and car showrooms.
“This is the first of a number of strategic acquisitions we are planning as we look to accelerate our growth within the UK,” continued Beukes. “We are seeking further opportunities in London, the south-east, south-west, and north-west, which will add value and expertise to our business and existing infrastructure. These are exciting times for Ecocleen and we expect to make further announcement in the coming months.”