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Polygon Group, a leading multinational player in property damage control, continues its ongoing expansion and strengthening of its footprint in the UK through the acquisition of FSH Group Limited (FSH). Polygon UK has broadened its service offerings through several acquisitions in recent years, and FSH, with an annual turnover of approximately €20 million and over 200 employees, specialises in reconstruction services, making it an excellent match for Polygon UK.
Axel Gränitz, President and CEO of Polygon Group, comments:
“I am pleased to welcome another member to our expanding Polygon family. We remain focused on acquisitions and are constantly seeking targets in strategically important markets. The acquisition of FSH will enable us to expand our client base in the highly significant UK market and further increase our footprint."
Peter Brumby, Country President Polygon UK & Ireland says:
"FSH has a highly competent team, and we share the same views and vision for excellent service delivery. I look forward to working closely together to develop our service offer and grow our businesses."
Matthew Cappleman, Managing Director at FSH Group says:
“With Polygon’s strengths as an international and national leader in property damage restoration, we see an opportunity to streamline the transition from restoration to reconstruction, develop our service operations and grow more quickly.”
For further information, please contact Martin Hamner, CFO Polygon Group, martin.hamner@polygongroup.com , +46 (0)70 607 85 79
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Head Office
Polygon International
Mäster Samuelsgatan 42
SE-111 57 Stockholm
Sweden
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