Cardo swoops for wall insulation specialist SERS

The asset buy settlement encompasses each SERS Vitality Options Group and its Scottish arm, bringing the long-established insulation and retrofit specialist underneath Cardo’s umbrella.

Based in 1990, SERS has constructed a observe file in exterior wall insulation and retrofit upgrades, working for councils and housing suppliers throughout England, Wales, and Scotland.

The acquisition marks Cardo’s newest strategic transfer, following its current takeover of Breyer Group’s roofing division from directors, a deal that saved 100 jobs.

Cardo, backed by non-public fairness, has now made seven acquisitions since its formation two years in the past from social housing contractor LCB Group, aiming to assist social housing suppliers with upkeep, compliance, retrofit, and decarbonisation wants .

Cardo Group CEO Liam Bevan stated: “Bringing the SERS crew into Cardo Group marks an thrilling alternative to mix our shared experience and values, all targeted on bettering properties throughout the UK. This subsequent step provides us a stronger platform to put money into our folks, develop our capabilities, and ship much more worth to our purchasers.”

With this acquisition, Cardo continues to broaden its footprint within the UK’s constructing upkeep and power effectivity sectors, reinforcing its dedication to delivering high-quality options that enhance properties and remodel lives.