Ecoserv Group saved from administration

by Facilitate team

About 2,000 jobs have been retained following the sale out of administration of FM businesses Ecoserv Group Limited, Ecoserv Cleaning Limited and Ecoserv Technical Services Limited.

Ian Corfield and Simon Stibbons, partners at financial advisory firm FRP, were appointed as joint administrators for the Ecoserv companies on 9 February and a week later secured a pre-pack sale of the businesses and assets, and shares in Ecoserv South Africa (PTY) Ltd to Ecoserv FM Group Limited – a body owned by the former shareholders and directors.

For more than 25 years Ecoserv Group, headquartered at Howbery Business Park in Oxfordshire, has supplied cleaning services for private and public sector clients in sectors including education, medical and healthcare, offices and commercial buildings, car dealerships, fitness and leisure, industrial,