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02/07/2010

Lovell Maintenance Business Expands

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Lovell is set for a major expansion of its housing maintenance business with the acquisition of Powerminster Gleeson Services (Powerminster) from M J Gleeson Group.

All Powerminster's contracts, and the company's 178-strong workforce, will transfer to Lovell Respond, the Lovell response maintenance business. The move brings together the two businesses’ complementary expertise and geographical presence to significantly enhance the range of services offered by Lovell to its social housing partners.

Powerminster delivers comprehensive planned and reactive maintenance solutions, including a 24/7 responsive service, to the social housing sector. It specialises in providing long-term estate management services on Private Finance Initiative (PFI) schemes. Lovell Respond’s current business is mainly focussed on the Midlands, whilst Powerminster has a strong presence in the North West, North East and South East of England. Bringing the two together creates a leading reactive maintenance and estates management services business.

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Lovell Respond has expertise in reactive and programmed maintenance contracts including day-to-day responsive repairs, refurbishment of void properties, programmed maintenance and electrical and gas installations servicing and repair. Recent wins include a £30 million, five-year housing repairs and maintenance contract for Gloucester City Homes, which manages Gloucester City Council’s 5,000 homes.

Powerminster's PFI contracts include a £48 million, 28-year facilities management contract for Leeds City Council’s Leeds Independent Living Project programme; a £29 million, 31-year contract to provide facilities management services for five extra care housing schemes in Cheshire; a £35 million, 30-year contract for estates management services at the Stanhope estate in Ashford, Kent; a £4 million, 25-year contract to deliver facilities management services at Sheffield Family Courts, and a £32 million, 30-year estates management contract for the Grove Village estate regeneration in Manchester.

(CD/GK)

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