Bell Group Announce Acquisition of Mi-Space (UK) Ltd
We are pleased to announce our acquisition of Mi-space (UK) Ltd, the property services division of the Midas Group, growing our already strong presence in the South West and Wales and protecting an estimated 110 jobs.
Mi-space has worked for many years in communities across the South West and Wales, on a wide range of property improvement, energy efficiency upgrades and retrofitting to homes; benefiting thousands of families and supporting clients which currently include:
- Vale of Glamorgan Council
- Cornwall Housing Association
- Curo Places Ltd
- Bristol City Council
- Exeter City Council
- Ovo Energy
- Sanctuary
The deal to purchase Mi-space and certain of its assets out of administration secures economic activity valued at up to £20m annually to the local economy, significant supply chain links and indirect employment.
Craig Bell, Chief Executive, said: “We are very pleased to have been able to complete this acquisition of Mi-space (UK) Ltd and to be protecting some of the jobs and a significant part of the Midas Group business.
The expertise and enthusiasm within Mi-space (UK) Ltd is an excellent fit for Bell Group as we continue to grow our business based on true family values, excellent customer service and our support for our employees and for local communities.
We look forward to welcoming the Mi-space team into Bell Group and we would also like to thank current Mi-space customers for working with us and helping us support local jobs and local supply chains.”
