Sir Willie Haughey’s facilities management company, City Refrigeration Holdings, has launched a new European company to lead its expansion into new territories.
Glasgow-based City Refrigeration Holdings was also renamed City Facilities Management Holdings with the launch of a new European business, City Facilities Management Europe.
City Facilities Management Europe, headquartered in Paris, follows the acquisition of Lesprit Ltd in March.
Lesprit, which operates under the names Atrium Maintenance France (AMF) in Europe and Maintenance Management Ltd (MML) in the United Kingdom, will operate as part of City Facilities Management Europe, providing a “strategic gateway” to expand in new territories, notably in Spain, Portugal and Romania.
MML is currently working with some of the largest UK retailers including John Lewis, Morrisons and Waitrose.
The clients of the AMF activity, launched in Lille in 2007, include the French distribution group Arcimbo, the online grocer Auchandrive and the investor in shopping centers and business property, Immochan.
City Facilities Management said its plans for global expansion were also bolstered by “securing major contracts in the United States” following its acquisition of Boston-based Baltic Trail Engineering last year.
In the United States, City said partnerships with two large supermarket chains through its City Facilities Management (US) business would increase the unit’s sales and profits.
City Facilities Management also launched a new activity in South-East Asia during 2015 through its City Holdings International Asia Sdn Bhd activity.
Commenting on the launch of the new European business and branding, Lord Haughey said: “Today marks a new era for City, as we continue our expansion plans to significantly grow our business for the long term.
“Our roots are in Glasgow but our views are global.”
He added: “The name change to City Facilities Management is a better description of the business we are, the services we provide and the continued direction of our business.
“While we are extremely proud of our roots, we are more than just refrigeration, providing the full range of services modern multinational companies need to be efficient, compliant and profitable.
“Our success comes from belief in our distinct model and our ability to partner with customers to deliver the service solutions they really want.
“Our recent transatlantic activity offers us enormous potential to expand our operations and I am delighted to continue to grow the business in such an exciting way. “
Following the launch of the European division, the City Facilities Management brand now has eight companies: City Facilities Management (United Kingdom), City Building Engineering Services, City Facilities Management (Distribution) Ltd, City Holdings Australia, City Facilities Management (United Kingdom) United) LLP, City Holdings International (Asia), Maintenance Management Ltd (MML) and Atrium Management France (AMF).
The most recent accounts filed by City Facilities Management Holdings, covering the year 2015 to December, show the group’s profit nearly doubled to £ 13.49million after making a gain of £ 5.7million sterling on the sale of the gas equipment installation and maintenance subsidiary, City Technical Services (UK) Ltd.
Group revenue rose 1.6% to £ 463.1million in what was a ‘tough retail market’.
City Facilities Management, which has yet to file audited accounts for the year 2016 through December, said revenue for the year rose 33% to £ 617million.