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NEWS :: General

PRESS STATEMENT: 24th JUNE 2008

24 June 2008

Powerminster Gleeson Services remains unaffected by the recent changes to the business of the MJ Gleeson Group in Sheffield.

The company, which employs over 100 people in its head office in Sheffield and has regional offices in Manchester, Bradford, Leeds (with Gleeson Capital Solutions), Scarborough, London, the East Midlands and Kent, is currently seeing the rapid expansion of its business in the regeneration and facilities management sectors, which is largely due to its expertise in total building maintenance, particularly on long term PFI (Private Finance Initiative) projects.

Powerminster Gleeson Services has a number of prestigious long term contracts including Sheffield Family Courts, Bradford Community Housing Trust, Grove Village in Manchester and Ashford in Kent. The company recently won a 25 year contract in association with Gleeson Capital Solutions to provide facilities management services for the Leeds Independent Living PFI project, with estimated revenues of around £46m. Powerminster Gleeson Services now has a total facilities management order book with an anticipated value in excess of £140m.

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