09 March 2021
The P & M Group Limited, which includes ISD Solutions, has acquired coldstore installation business Tysoe Holdings.
Through its subsidiary S Tysoe Installations (STI), the Leicester based company has provided subcontract labour to ISD Solutions for over 25 years providing existing clients, who range from large food retailers to major construction firms, a reassurance that it can offer a consistent level of service.
Simon Tysoe, founder of STI in 1982, felt a sale to The P & M Group would ensure the sustainability of the business. Tysoe said: “I have worked continuously with ISD Solutions for 25 of my 39 years of trading, and our businesses have grown in tandem. After all this time, I have built a business relationship with the company and a personal one with the directors and staff. I will be staying on with STI and look forward to helping harness the opportunities and talent of both companies.”
Andy Moon, chairman of The P & M Group, said: “STI is a successful and well-run business in its own right with a strong brand identity. There are no plans for any restructuring other than ensuring each party benefits from the other's strength, knowledge and experience. We are really excited about this major acquisition. Our businesses know each other well, and we have a mutual high level of respect for our achievements and business ethos.
“For us, having a labour company as part of the group will help us maintain consistently high standards, particularly regarding quality and health and safety. As well as supplying specialist labour, STI is involved in areas which complement our existing business, including national service and maintenance coverage for the retail, commercial and industrial coldstore markets and expertise in specialist fire protection.”