Mears Group PLC
09 January 2008
9 January 2008
Mears Group PLC
Significant contract award
Today Mears Group PLC ('Mears') announces the award of a flagship contract worth
£65 million with Birmingham City Council to provide responsive repairs and voids
refurbishment in the Northern area of the City. The work will encompass the
transfer of over 300 staff and will last for an initial period of 4.5 years with
an option to extend to a full term of 7 years. This win follows an extensive
tender process, lasting over 6 months, through which Mears was able to demonstrate
service and efficiency benefits of advantage both to the Council and to the
residents of North Birmingham.
This Birmingham win, together with Mears' recent win with Midland Heart Housing,
gives the Company a very strong footprint within the Midlands, from which the
Company would expect to win further work in the future.
Bob Holt, Chairman of Mears, commented: 'The Birmingham tender success marks another
important step for Mears and further evidence of our improved approach to Business
development.'
Enquiries:
Mears Group PLC
Bob Holt, Chief Executive 07778 798 816
David Robertson, Finance Director 07887 705 357
Andrew Smith, Executive Director 07712 866 461
Threadneedle Communications
Trevor Bass / Alex White 020 7936 9666
Nominated adviser to Mears Group PLC
Investec
Keith Anderson / Michael Ansell 020 7597 5970
ENDS
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