Cardo Group has completed its third acquisition with the purchase of building maintenance specialist, Jefferies Contractors Limited.

This latest acquisition takes the Group's annual turnover to £115million and its directly employed staff increases to over 650.

Less than four months after announcing its acquisition of its platform company, LCB Group, a south-west based building maintenance specialist, Cardo Group acquired south-east based Osborne Property Services Limited 2 weeks ago. West Midlands based Jefferies has now been added to the Group’s portfolio of companies.

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Jefferies was established by Terry Ware in 2008 and, like it's two stable mates, is a well-respected specialist in the social housing building maintenance sector.

Cardo Group CEO, Liam Bevan, commented: "I am delighted to welcome everyone at Jefferies to the Cardo Group. This is the third company we have acquired with strong shared values and a demonstrable ability to improving the quality, energy efficiency and warmth of social housing homes and other properties.

"This collective reputation gives us a strong foundation to seize emerging business opportunities. The acquisition of Jefferies extends Cardo Group's geographical reach into the Midlands and we are looking to build on that with a target to double Jefferies' turnover in the next 3 years."