The firm has swooped to aquire south-east based totally Osborne Property Products and companies Little (OPSL), fashioned by Geoffrey Osborne Neighborhood in 2006.
OPSL revenue reached over £30m in last published accounts and employs over 230 personnel.
One of the novel deal comes four months after Cardo Neighborhood turned into as soon as established thru the acquisition of £21m turnover Welsh social housing contractor LCB Neighborhood.
LCB Neighborhood managing director, Liam Bevan, then grew to grow to be CEO of the newly-fashioned operation.
The bought of OPSL now offers Cardo a south east social housing contractor working from south flit to London and the dwelling counties.
It carries out lengthy-term repairs, voids, planned works and total asset administration contracts for social housing landlords alongside a wide collection of refurbishment and retrofit tasks.
Vicky Fordham-Lewis, who has been at the helm of OPSL since 2020, will stay as managing director.
Bevan, stated: “I’m overjoyed to welcome all people at OPSL to the Cardo Neighborhood.
“They approach with a proud history of doing gargantuan work in our sector, and I’m confident that, with Vicky and her crew, we’ll journey from strength to strength.
“I behold forward to working with them all. This acquisition is a obligatory step for us as we continue on our route to manufacture a nationwide footprint.”
Jane Nelson, Cardo Neighborhood’s technique director, also warmly welcomed the OPSL crew and added: “Right here’s our 2nd acquisition within the last few months and we behold forward to announcing one other shortly.
“Our family of corporations is rising and so too is our skill to be segment of the answer to the retrofit wretchedness within the social housing sector.”