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Servest buys Llewellyn Smith

Facilities management service provider Servest has acquired the energy efficiency business Llewellyn Smith to expand its energy management provision.

 

Llewellyn Smith provides compliance and consultancy services in both the commercial and domestic markets, including the big six utility companies, and energy efficiency installers within the Energy Companies Obligation (ECO) initiative.

 

Llewellyn Smith is also a lead assessor for the Environment Agency sponsored Energy Savings Opportunity Scheme (ESOS), which will assist companies with greater than 250 employees and/or a turnover in excess of £38 million to achieve mandatory energy audit requirements.

 

Servest has identified the Bury St Edmunds-based energy company as being a good strategic fit for its expansion of the business in the high-growth energy management sector.

 

Rob Legge, group chief executive officer, UK and Europe at Servest, said: “Servest is already helping clients to save up to 30 per cent on their annual energy bill. The acquisition of Llewellyn Smith enables us to offer additional energy services and expertise to clients. This will ultimately help clients to further reduce their carbon footprint, save money and improve their sustainable and environmental credentials.”

  

Llewellyn Smith aims to improve the energy efficiency of domestic and commercial properties and help to reduce the effects of climate change. The company was founded in 2002. In 13 years of trading, Llewellyn Smith has never lost a customer and has retained all existing contracts.

 

David Llewellyn, group chief executive of Llewellyn Smith, and the senior management team, will remain in place to drive the strategy and growth of Servest’s energy management division. Llewellyn said: “There are real cultural similarities between both businesses. We both value respect and honesty and are committed to the highest levels of service for our customers.”

 

Servest and Llewellyn Smith have been working together on a number of ventures over the past six months.

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BDC 316 : May 2024