FM service provider Servest has acquired the energy efficiency business Llewellyn Smith to further expand its energy management provision. Llewellyn Smith provides compliance and consultancy services in both the commercial and domestic markets, including the big six utility companies, and energy efficiency installers within the Energy Companies Obligation (ECO) initiative. Llewellyn Smith is also a lead assessor for the Environment Agency sponsored Energy Savings Opportunity Scheme (ESOS), which will assist companies with greater than 250 employees and/or a turnover in excess of £38 million to achieve mandatory energy audit requirements.
Servest has identified the Bury St Edmunds-based energy company as being a good strategic fit for the expansion of the business in the high-growth energy management sector.
Rob Legge, group chief executive officer UK and Europe at Servest, said: “Servest is already helping clients to save up to 30% on their annual energy bill. The acquisition of Llewellyn Smith enables us to offer additional energy services and expertise to clients. This will ultimately help clients to further reduce their carbon footprint, save money and improve their sustainable and environmental credentials. We're pleased to have Llewellyn Smith on-board, and I look forward to working with the team to integrate and expand our energy services.”
Llewellyn Smith's vision is to improve the energy efficiency of domestic and commercial properties and help to reduce the effects of climate change. The company was founded in 2002, and in 13 years of trading, Llewellyn Smith has never lost a customer and has retained all existing contracts.
David Llewellyn, group chief executive of Llewellyn Smith, and the senior management team, will remain in place to drive the strategy and growth of Servest's energy management division. Llewellyn said: “This is a very exciting opportunity for Llewellyn Smith and its employees. This will offer a greater array of services to our customers, and will provide unique opportunities for personal development to our employees. There are real cultural similarities between both businesses. We both value respect and honesty and are committed to the highest levels of service for our customers.”