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Apollo acquires M&E firm Goldhall

Top 100 contractor Apollo Group has acquired South-west mechanical and electrical firm Goldhall Electrical in a bid to strengthen its capabilities.

Essex-headquartered Apollo was ranked 59th on turnover in the 2009 CN100, with a most recent turnover of £214 million.

It has a strong working relationship with Yeovil-based Goldhall, which has more than 50 employees and will continue to trade under its existing name.

The purchase comes as Apollo looks to expand in the South-west – it recently opened offices in Dorset and won a contract in Plymouth.

Apollo chief executive officer Dave Sheridan said: “This purchase was a natural evolution for Apollo as we have enjoyed an excellent working relationship with Goldhall over the years. 

“Apollo clients will benefit from our strengthened M&E capability, and Goldhall clients from Apollo’s greater resources and wider service provision.”

He added: “Apollo has excellent relationships with its suppliers, who we will carry on supporting as we continue to contract out the majority of our M&E work.”

Goldhall founders Martyn Stephens and Alan Ritson will stay with the business.

Mr Stephens said: “Having worked together for a number of years, we know that Goldhall is a good cultural fit with Apollo. 

“We look forward to moving forward as part of the Apollo Group, taking advantage of all the added benefits that a large national organisation can offer our staff and operations.”

Find out more on the top 100 contractors - strategic and business information plus contracts their bidding for at cninsight