Leighton Buzzard-based MBS Workplace Environments has been acquired for an undisclosed sum, and a new business, The First Interior’s Group, created.
The deal sees MBS Workplace Environments joining forces with Salford-based First Install and Ipswich-based Apex Joinery, forming a new multimillion-pound partnership.
A family business with over 20 years' industry experience, MBS Workplace Environments supplies furniture to all sectors, including retail, hospitality, offices and schools, as well as furniture installation and interior fit-out. With strong relationships with some of Europe’s leading furniture manufacturers, and working with partners at the forefront of current interior trends, MBS Workplace Environments has forged a reputation for delivering sophisticated and stylish solutions.
The combined service offering, experienced management team and industry expertise of all the companies places The First Interior’s Group in a leading market position, providing a totally national and competitive operation.
Mike McVey, head of group sales and operations (pictured), says: “The creation of The First Interior’s Group is great news for the four businesses involved – First Install, its sister company Specialist Interiors Division, Apex Joinery and MBS Workplace Environments. Each individual company brings a wealth of experience and knowledge as well as strong client base to the table, so by joining forces, we are forging a fantastic multimillion-pound nationwide operator.”
Retaining regional offices in Leighton Buzzard, Ipswich and Salford, The First Interior’s Group currently employs 58 people. The group will now embark upon a large recruitment drive, with plans to recruit a further 20 individuals in the coming year. It also forecasts an annual turnover of £7m.
Mike concludes: “It is an exciting time to be involved in The First Interior’s Group, with growth in terms of both people and revenue in the pipeline. As a new national operator providing a turnkey operation for design, manufacturing, installation and interior fit-out, covering all sectors, and with an impressive client portfolio, we are in a strong position to disrupt the industry and accelerate the group’s future expansion plans.”