Please refer to our Privacy policy for important information on the use of cookies. By continuing to use this website, you agree to this.

Press Release

Interserve acquires specialist interiors fit-out business

by Interserve Press Office | May 23, 2013

Interserve, the international support services and construction group, is pleased to announce that it has acquired Paragon Management UK Ltd ("Paragon") a specialist interiors and property refurbishment business based in the City of London. Paragon will become a wholly-owned part of Interserve's Construction division.

Paragon refit refurbishment project

  • Acquisition of a well-known and respected brand in the London refurbishment and fit-out market
  • Well-positioned for opportunities and upturn in the London re-fit market

The acquisition expands Interserve's interior fit-out proposition in London and provides additional expertise in delivering bespoke solutions across a range of commercial settings. It also provides Interserve with access to the high-end re-fit market in the capital, which has maintained its value during the downturn and which offers further opportunities as economic conditions improve.

Commenting on the transaction, Ian Renhard, Managing Director – Construction said: "This acquisition enhances our existing fit-out and interior services and provides us with additional revenue, most specifically, in the London and south-east fit-out market. All indicators show that the London refurbishment market performed well throughout the last five years and this acquisition puts us in a good position to take advantage of expected growth and provides the opportunity to develop services to new and existing clients across the Interserve Group."

– Ends –

For further information please contact:

Nigel Charlesworth
Head of Corporate Communications, Interserve
0118 960 2332 / 07964 900 861

Peter Haddock
01785 255 146 / 07818 046 793
Edson Evers

About Interserve

Interserve's vision is to redefine the future for people and places. It is one of the world's foremost support services and construction companies, operating in the public and private sectors in the UK and internationally, offering advice, design, construction, equipment, facilities management and front-line services. Interserve is based in the UK and is listed in the FTSE 250 index. The Group employs some 50,000 people worldwide and in 2012 generated gross revenue of £2.3 billion.
For all news follow: @interservenews

Share this


Explore our Latest Insight for further blogs, videos and research.

Connecting Ex-Forces Personnel Through E-Fan

The Ex-Forces Action Network (E-FAN) is a new initiative aiming to provide a unique and comprehensive service that will connect ex-forces personnel, who’ve had any con...

Soldiers to Selfbuilders: Interserve joins Forces With Veterans

As our Opportunities for All campaign turns its attention to some of the work we do to support ex-service personnel, we shine a light on a project we have been working...

Daughter Of A Victim Of The Hillsborough Tragedy Says Probation ‘Saved My Life’

Probation case manager Lynsey Barker has turned her life around having once been a former alcohol and drug addict and repeat offender.