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Mitie Group plc completes acquisition of Argus Fire to strengthen its presence in the UK fire and security sector

PRIVATEOct 24, 2024

Acquiring Company

MITIE Group PLC

Acquired Company

Argus Fire

LondonWest MidlandsOtherFacility ManagementFacilities Support ServicesSecurityPublic Safety

Description

Mitie Group plc has successfully acquired Argus Fire, a UK-based fire systems business, for a total consideration of £38.0 million. This acquisition strategically enhances Mitie's scale and self-delivery offerings, complementing its fire and security solutions portfolio and reinforcing its market leadership in the UK fire and security market.

Quick answer

MITIE Group PLC is acquiring Argus Fire, announced October 24, 2024. MITIE Group PLC is based in London, England, United Kingdom.

How much did MITIE Group PLC pay for Argus Fire?
The deal value was not disclosed.
What does MITIE Group PLC do?
MITIE Group PLC is a leading facilities management and professional services company in the UK.
Where are MITIE Group PLC and Argus Fire based?
MITIE Group PLC is based in London, England, United Kingdom. Argus Fire is based in West Midlands, England, United Kingdom.
Who are the decision-makers at MITIE Group PLC?
Fundz holds 3 contacts at MITIE Group PLC. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Facility Management and Facilities Support Services

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Company Information

Company

MITIE Group PLC

Location

London, England, United Kingdom

About

MITIE Group PLC is a leading facilities management and professional services company in the UK. It offers a wide range of services across various sectors, including healthcare, defense, and commercial. The company is committed to delivering sustainable and efficient services to its clients.

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Frequently asked

Who acquired Argus Fire?

Argus Fire was acquired by MITIE Group PLC, based in London. The deal was reported on October 24, 2024. MITIE Group PLC is a leading facilities management and professional services company in the UK. It offers a wide range of services across various sectors, including healthcare, defense, and commercial. MITIE Group PLC is privately held and operates in Other.

When did MITIE Group PLC acquire Argus Fire?

MITIE Group PLC's acquisition of Argus Fire was reported on October 24, 2024. Mitie Group plc has successfully acquired Argus Fire, a UK-based fire systems business, for a total consideration of £38.0 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Argus Fire do?

Argus Fire is a UK-based fire systems business with over four decades of experience in the design, installation, service, and maintenance of active fire protection systems, electronic fire detection, and alarm systems. It is privately held, operating in Security, and is based in West Midlands.

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