Emcor drops construction to focus on facilities management
Emcor Group (UK) is withdrawing from the construction market to focus on facilities management services.
Emcor UK identified that due to the construction market conditions in the UK, and customers’ changing requirements, its focus was best placed in areas where it can more fully leverage its knowledge and strength to positively impact customers’ businesses. Over the past five years, the facilities division has delivered record revenues and profitability growth year-on-year, evidencing the success of its customer centric approach.Keith Chanter, CEO of Emcor Group (UK), said, ‘Emcor UK’s strategy for the last five years has been to focus on long term collaborative customer relationships, and to ensure the alignment of our business with our customers’ needs, in order to maintain a profitable, sustainable business. Today sees a key milestone in this strategic process, with our withdrawal from the construction market.
‘I would like to take this opportunity to thank all our customers and employees for their ongoing support and commitment, and can assure our customers that we will continue to deliver our current projects to the high standards that they value us for. We will be offering support and guidance to our employees through this period and will seek to redeploy wherever possible.’