Know what you want? Try our 'Supplier Directory' 

Integral UK acquired by US firm JLL

Integral, the independently-owned UK provider of mechanical, electrical and fabric property maintenance, has been acquired by JLL (Jones Lang LaSalle) for $330m.

Based in the USA, JLL is a financial and professional services firm that specialises in commercial real estate services and investment management. It says that the acquisition of Integral complements its integrated facilities management platform and enables it to expand its outsourcing capabilities in the UK.

The move will also make JLL one of the largest mobile engineering services providers for property worldwide.

Originally formed in 1863, Integral UK Ltd specialises in delivering facility maintenance services and complex mechanical and electrical engineering solutions to real estate owners, managers and occupiers. With more than 1,600 clients across 60,000 locations, the company is known for providing a broad scope of high-quality mechanical and electrical property maintenance services, including mobile engineering, fire and life safety and critical environment management.

The acquisition will strengthen JLL's ability to self-perform property maintenance for clients across Europe, the Middle East and Africa, adding to the more than 4 billion square feet of property currently serviced globally. It also will add to the company's already strong base of transactional services and establishes an engineering centre of excellence in Bristol, which will help grow and develop existing and new talent.

Integral’s managing director, Bryan Glastonbury, said: 'There is a strong cultural fit because we share the values of ethics, excellence and teamwork. What's exciting is the future that we can shape together for our clients and staff. By aligning our mechanical and engineering capability with JLL's deep expertise and global platform, we are building economies of scale and superior solutions for our combined client base.'

JLL president, Christian Ulbrich, added: 'Having worked together extensively over many years, we know that Integral will be a strategic fit to our growing Integrated Facilities Management platform and a synergistic match to JLL's commitment to client service and innovation. Integral's 3,700-strong team and reach throughout the UK will substantially strengthen and expand the outsourcing offer we can provide to corporate clients and to investor clients of our Property & Asset Management business.'

The acquisition is expected to close in August, subject to clearance from the European Commission.

15 June 2016

Comments

Already Registered?
Login
Not Yet Registered?
Register

MCS reports record January for renewable installations

The latest data from the MCS Data Dashboard, which provides near-real-time dynamic visualisations of the uptake of small-scale renewable technologies across the UK, show that January 2025 was the strongest start to the year in Scheme history for ...

  20-Feb-2025

Clivet brings in six new members of the family

At the end of 2024, Clivet Group UK won the Fastest Growing Subsidiary Award at the 3rd Edition General Manager’s Bootcamp in Milan, and as a result, Clivet Group UK needed to grow their Clivet sales and support family to accommodate this growth. ...

  19-Feb-2025

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary