Bidvest Noonan snaps up British rival in fourth deal of 2021 Company acquires Cordant Services from Twenty20 Capital for an undisclosed sum
Thu, May 27, 2021, 15:39 Updated: Thu, May 27, 2021, 16:46
Dublin-based security, cleaning and support services company Bidvest Noonan has acquired British rival Cordant Services in what it describes as a “landmark deal” for the group.
The acquisition marks Bidvest Noonan’s fourth acquisition so far in 2021, and comes just weeks after its recent deal for Irish company Interact closed.
Founded in 1957, Cordant Services is comprised of three dedicated divisions: Cordant Security, Cordant Cleaning and Cordant Thistle, a specialist and industrial cleaning business.
With a turnover of approximately £170 million (€197m), it operates across 1,900 client locations in a range of industries. The company is a division of Cordant Group, one of the largest social enterprises in Britain.